Centre's Fiscal Deficit Hits 41.9% of 2026-27 Target by August
The Centre's fiscal deficit reached 41.9% of its 2026-27 budget target by August 2026, up from 38.1% last year, driven by increased subsidy spending, especially on fertilisers. Total revenue was ₹13.7 lakh crore and total expenditure ₹20.8 lakh crore from April to August. Revenue and expenditure were 37.5% and 38.9% of their respective budget estimates, showing a rise in spending compared to last year.
Hindu Business·2h ago


