India’s fiscal deficit hits 99 pct of full-year target in Nov

By: | Published: December 31, 2014 4:18 PM

India's fiscal deficit was 5.25 trillion rupees ($83.08 billion) during April-November...

year-ender, year-ender 2014, Fiscal deficit, India GDPNet tax receipts were at 4.13 trillion rupees in the first eight months of the current fiscal year. (PTI)

India’s fiscal deficit  was 5.25 trillion rupees ($83.08 billion) during April-November, or 98.9 percent of the full-year target, government data showed on Wednesday.

The deficit was 93.9 percent during the same period a year ago.

Net tax receipts were at 4.13 trillion rupees ($65.35 billion) in the first eight months of the current fiscal year that ends in March 2015.

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