 "India’s Fiscal Deficit Soars Amid Rising Expenditures and Subsidies")
India’s Fiscal Deficit Soars Amid Rising Expenditures and Subsidies
India’s fiscal deficit for the first four months of the 2024-25 financial year reached 17.2% of the full-year target, with a gap of Rs 2,76,945 crore. The government aims to reduce the fiscal deficit to 4.9% of GDP this year, down from 5.6% last year. Total expenditure in this period was Rs 13 lakh crore, ...
