April-May fiscal deficit at 42.9% of Budget estimates

The government's fiscal deficit during the first two months of the current fiscal was 2.28 lakh crore rupees, or 42.9 per cent of the Budget estimate. The fiscal deficit during April and May of the last fiscal had stood at 37.5 per cent of the Budget estimate. According to data released by the Controller General of Accounts, tax revenue was 4.7 per cent of estimates

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