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India's fiscal deficit for April-August at Rs 4.35 lakh crore, narrows to 27% of FY25 aim

By Economic Times - 2 months ago
India's fiscal deficit for April to August, or the first five months of this fiscal year, was at 4.35 lakh crore rupees, equivalent to 27% of annual estimates, narrowing from the previous year's 36%. The government aims to narrow the fiscal gap to 4.9% of GDP in this financial year from 5.6% a year earlier.

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