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Government Meets Fiscal Deficit Target For 2016-17

The fiscal deficit for FY17 stood at Rs 5.35 lakh crore.
The fiscal deficit for FY17 stood at Rs 5.35 lakh crore.
New Delhi: The central government has met its budget fiscal deficit target of 3.5 per cent for 2016-17, official data showed on Wednesday. According to figures released by Controller General of Accounts (CGA), the fiscal deficit -- the difference between revenue and expenditure -- for the last financial year slightly exceeded the budgeted target to reach Rs 5.35 lakh crore as against the estimates of Rs 5.34 lakh crore. The fiscal ...
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