April–October Data Shows India’s Fiscal Gap Expanding Against Annual Target

India’s fiscal deficit hit ₹8.25 lakh crore by October, reaching 52.6% of the FY26 goal.

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April–October Data Shows India’s Fiscal Gap Expanding Against Annual Target

April–October Data Shows India’s Fiscal Gap Expanding Against Annual Target
India’s fiscal deficit reached ₹8.25 lakh crore in the April–October period, amounting to 52.6% of the FY26 target and widening compared with last year. Higher revenue expenditure and slower non-tax inflows contributed to the rise. Economists are evaluating whether upcoming disinvestment receipts and tax collections can narrow the gap in the remaining months.
Tags:
  • economy
  • fiscal deficit