The central government has set itself a medium-term target of reducing the fiscal deficit to at most 4.5 percent of GDP by 2025-26. The government's fiscal deficit widened to Rs 6.43 lakh crore in ...
Capital expenditure by state governments likely grew 14% year-on-year in the first five months of the current financial year, reflecting a moderation in the monsoon period of July-August. Their capex ...