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What is the fiscal deficit in India as a percentage of the full-year target at the end of June 2023?

Current Affairs August 2023 . 7 months ago

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The fiscal deficit in India has reached 25.3% of the full-year target at the end of June 2023. The fiscal deficit represents the gap between the government's total expenditures and revenue, indicating the extent to which the government needs to borrow to meet its expenses. The government aims to reduce the fiscal deficit to 5.9% of the GDP for the financial year 2023-24.
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Posted on 03 Feb 2024, this text provides information on Current Affairs related to August 2023. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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