Government breaches FY19 deficit target

The full-year fiscal deficit target of Rs 6.2 lakh crore was breached by October-end mainly on account of lower revenue collections, showed government data on Friday, reflecting deterioration in public finances. The fiscal deficit was Rs 6.5 lakh crore or 104% of the Budget Estimate (BE) during April-October of the current financial year.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2DW01kj
via IFTTT