InfrastructureAfter close
Centre optimistic on 4.4% fiscal deficit target for FY26
after close1 source ↓written by the desknot a recommendation
- for FY26
- 4.4% fiscal deficit target
- in the first
- 36.5% shortfall
- fiscal deficit reached
- ₹5.73 lakh crore
- year-on-year
- 40%
- year-on-year
- ₹5.8 lakh crore
The Centre is confident of achieving its 4.4% fiscal deficit target for FY26, despite a 36.5% shortfall in the first half of the year. The fiscal deficit reached ₹5.73 lakh crore, driven by muted tax revenue and increased capital expenditure, which rose 40% year-on-year to ₹5.8 lakh crore.
This outlook may influence market sentiment, particularly in sectors reliant on government spending.
Not investment advice. For informational purposes only.