Fiscal deficit hits 75% of full year target in 5 months

The tight situation of public finance was evident as data on Monday showed that the fiscal deficit at the end of five months of the current fiscal year has touched 75% of the full year estimate. Data released by the finance ministry showed the fiscal deficit stood at Rs 4 lakh crore in the April-August period or 74.6% of the full year target of Rs 5.4 lakh crore.

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