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Centre's fiscal deficit narrows to 17.2% of FY25 target till July

By Economic Times - 3 months ago
The Indian central government's fiscal deficit in the first four months of the financial year reached 17.2% of the annual target, significantly lower than the previous year's 33.9%. Improved revenue collection and reduced expenditure have kept the government on track to meet its fiscal deficit goal of 4.9% of GDP for 2024-25.

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