India’s April-May 2024 fiscal deficit data has been released.
India’s FY24 fiscal deficit stood at 5.6 per cent of the GDP, which was lower than the revised estimate of 5.8 per cent.
India’s fiscal deficit during the financial year 2023-24 stood at Rs 16.54 lakh crore, which was 95.3 per cent of the budgeted target, according to the latest official data released on May 31, 2024. The FY24 fiscal deficit, however, stood at 5.6 per cent of the GDP, which was lower than the revised estimate of 5.8 per cent.
(The story will be updated)
