India’s fiscal deficit touches 56.7% of the full year target in end-December

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The fiscal deficit was 55% of the budget estimate (BE) of 2023-24 in the year-ago period. Total expenditure during April-December increased to ₹32.32 lakh crore from ₹30.54 lakh crore in the year-ago period, while total receipts rose to ₹23.18 lakh crore from ₹20.72 lakh crore.

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