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The Centre’s fiscal deficit increased to 29.9% of the full-year target at the end of July, according to data released by the Controller General of Accounts (CGA) on Friday (August 29, 2025).
It was at 17.2% of Budget Estimates (BE) of 2024-25 in the first four months of the previous financial year.
The deficit was at 17.9% of the full-year target at the end of first quarter (April-June).
In absolute terms, the fiscal deficit, or gap between the government’s expenditure and revenue, was ₹4,68,416 crore in the April-July period of the 2025-26 fiscal year.
The Centre estimates the fiscal deficit during 2025-26 to be at 4.4% of the GDP, or ₹15.69 lakh crore.
Published – August 29, 2025 05:32 pm IST
