April-July fiscal deficit 51.5% of Budget Estimates
The rise is most sharp for governmentís own consumption expenditure while investment spend remained subdued.
The Centreís fiscal deficit shot up to 51.5 per cent of the Budgeted target of Rs 5,13,590 crore to touch Rs 2,64,432 crore by July end 2012.
It was significantly lower a month ago at 1,90,460 crore. Even a year ago, the fiscal deficit was marginally lower at Rs 2,28,753 crore.
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