Centre's fiscal deficit reaches 41.9% of target
pre-market1 source ↓written by the desknot a recommendation
- of its budgeted
- 41.9%
- last year
- 38.1%
- 2026 period
- ₹13.7 lakh crore
- total expenditure reached
- ₹20.8 lakh crore
The Centre's fiscal deficit hit 41.9% of its budgeted target for 2026-27 by August, up from 38.1% last year, driven by increased subsidy spending on fertilizers. Total revenue for the April to August 2026 period was ₹13.7 lakh crore, while total expenditure reached ₹20.8 lakh crore. This trend may raise concerns about fiscal sustainability and impact market sentiment.
Not investment advice. For informational purposes only.