April-August fiscal deficit at 31.1% of FY22 target: Govt.

  • According to the data released by the Government of India, the fiscal deficit in the first 5 months of FY22 (April-August) reached 31.1% of the budgeted target for the whole year.

  • The fiscal deficit stood at ₹4.68 lakh crores.

  • The government has received ₹8.08 lakh crore, about 41% of Budget estimates till August.

  • This also includes ₹6.44 lakh crore in tax revenue, ₹1.48 lakh crore in non-tax revenue.

  • The government released the data on Thursday.

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