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The Economic Times
The Economic Times
National

India's Q1 FY27 fiscal deficit widens to Rs 3.1 lakh crore from Rs 2.8 lakh crore a year ago; at 18.2% of full-year target

Deficit India

India's fiscal deficit widened to Rs 3.1 lakh crore during the first quarter of FY27, accounting for 18.2% of the full-year budget estimate, according to data released by the Controller General of Accounts (CGA) on July 31.

The fiscal gap was higher than the Rs 2.8 lakh crore recorded during the April-June period of the previous financial year, showing increased government spending even as revenue collections remained robust.

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