A sharp reduction in capital expenditure (capex) during election months and recordhigh dividend from the Reserve Bank of India (RBI) led to a decrease in the central government's fiscal deficit to 8.41 per cent of the full-year target for the AprilJune quarter (Q1) of 2024-25 (FY25), according to the latest data released by the Controller General of Accounts (CGA) on Wednesday, along with the most recent FY25 Budget figures.
However, CGA data, which uses Interim Budget figures, shows the Centre's fiscal deficit stood at 8.1 per cent in Q1FY25.
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