Fiscal deficit at Rs 50,000 crore in April-May FY25, says CGA data

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The revenue receipts, however, exceeded the expenditure, resulting in a surplus of Rs 90,923 crore, the CGA data showed.

What did FM Sitharaman say about fiscal deficit in the last 5 Budgets?

S&P Global Ratings had recently said that it will closely observe India’s fiscal consolidation path for the next two years and could give a ratings upgrade if the government stays committed to the fiscal glide path.

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Category: BusinessFinance

Markets: IndiaChina

Topics: Controller General of Accounts FY25 budget Government spending Fiscal deficit Fiscal gap India economy Fiscal consolidation Revenue receipts GDP Centre fiscal deficit RBI dividend . Budget 2024

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-28 @ 17:12:58 (4 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 364 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 21409663

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