NEW DELHI, Oct 30 (Reuters) – India’s fiscal deficit in the months of April to September stood at 7.15 trillion rupees ($75.24 billion), or 42.1% of the target for the financial year ending March, government data showed on Friday.
The deficit in the same period last year stood at 5.7 trillion rupees.
Here are more details:
• Net tax receipts for April to September stood at 12.8 trillion rupees, compared with 12.3 trillion rupees a year ago
• India has set its fiscal deficit target for the financial year at 4.3% of GDP, or 16.96 trillion rupees
• Non-tax revenue was at 4.8 trillion rupees, compared with 4.7 trillion rupees a year ago
• Total government expenditure was at 25.5 trillion rupees, compared with 23 trillion rupees a year earlier
• Capital expenditure, or spending on building physical infrastructure, stood at 6.5 trillion rupees against 5.8 trillion rupees a year ago
($1 = 95.0250 Indian rupees)
(Reporting by Shubham Batra in New Delhi; Editing by Ronojoy Mazumdar and Mrigank Dhaniwala)
