India's Fiscal Deficit Reaches 42.1% of FY27 Target in Six Months

Mint · business

India's fiscal deficit has widened significantly in the first six months of FY27, reaching ₹7.14 trillion, which is 42.1% of the full-year budget estimate. This figure is higher than the 36.5% recorded in the same period last year, indicating increased pressure on the government's finances. Total government expenditure by September was ₹25.50 trillion, while total receipts stood at ₹18.35 trillion. Capital expenditure has also accelerated, with over half of the planned spending utilized within the first six months.