Fiscal deficit hits 74.5% of full-yr target by Jan-end

The Centre's fiscal deficit reached 74.5 per cent of the annual target by the end of January 2025, according to data released by the Controller General of Accounts (CGA) on Friday.

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In absolute terms, the fiscal deficit—the gap between expenditure and revenue—stood at ₹11,69,542 crore during the April-January 2024-25 period. In the corresponding period last year, the deficit was 63.6 per cent of the Revised Estimates (RE) for 2023-24.