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The Economic Times
The Economic Times
National

India's April-May fiscal deficit at ₹1.62 lakh crore, widens on-year to 9.6% of FY27 aim

India's fiscal deficit for the first two months of FY27 through May stood at ₹1.62 lakh crore, or 9.6% of the full-year budget estimate, government data showed today.

The fiscal deficit widened sharply from 0.8% of the annual target reported in the comparable year-earlier period.

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