April-May fiscal deficit at $19 bn

Reuters
Posted: Tuesday, Jun 30, 2009 at 1608 hrs IST
Updated: Tuesday, Jun 30, 2009 at 1608 hrs IST

Font Size

Feedback

Discuss

Forex reserves fall to $285.34 billion Export decline arrested; outlook positive Dubai debt delays revive fear of crisis

New Delhi: India's fiscal deficit in April-May was at Rs 907.58 billion, or 27.3 per cent of the full-year target, the government said in a statement on Tuesday.

Tax receipts were at Rs 261.52 billion while expenditure were Rs 1.23 trillion for the first two months of 2009/10 fiscal year.

In February, India's federal government forecast fiscal deficit at Rs 3.33 trillion or 5.5 per cent of gross domestic product for 2009/10.

Discuss this story on expressindia forums

Post Comments

Comments: (Limit 3,000 characters)

Name		Message
Email ID
Subject

TERMS OF USE:
The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).

I agree to the terms of use.

Latest News

Print Edition

Events

April-May fiscal deficit at $19 bn

Post Comments