The central government has projected the fiscal deficit for the year 2025-26 at 4.4% of the GDP, amounting to Rs 15.69 lakh crore.
By the latest data, the fiscal deficit has reached 52.6% of the full-year target. This indicates the government has already utilized over half of the allocated fiscal gap at this point in the financial year.
"The Centre estimates the fiscal deficit during 2025-26 at 4.4 per cent of the GDP, or Rs 15.69 lakh crore."
India's central government has spent over half its annual fiscal deficit target for 2025-26, highlighting significant budgetary outgo early in the year.