India on track to meet 4.4% fiscal deficit target
pre-market1 source ↓written by the desknot a recommendation
- target for FY
- 4.4% fiscal deficit
- projected deficit
- ₹15.69 trillion
- in FY 2024/25
- 4.8%
- deficit
- ₹5.73 trillion
India’s Finance Minister confirmed the government is on track to achieve a 4.4% fiscal deficit target for FY 2025/26, with a projected deficit of ₹15.69 trillion. This is a decrease from 4.8% in FY 2024/25, supported by strong tax collections. The latest data shows a ₹5.73 trillion deficit in the first half of FY 2026, indicating a widening trend.
Not investment advice. For informational purposes only.