April-December fiscal deficit in India crosses 112% of target
The data furnished by the Controller General of Accounts (CGA) showed that the fiscal deficit during the corresponding nine months of the previous fiscal was 13.6 per cent.
According to Devendra Kumar Pant, Chief Economist, India Ratings and Research said: "Fiscal deficit in 9MFY19 came in at 112.4 per cent of FY19 (BE) and 110.6 per cent of FY19 (RE)." Reuters