BusinessPhoto: MintIndia's Fiscal Deficit Hits ₹7.14 Trillion in First Half of FY27
India's fiscal deficit reached ₹7.14 trillion by the end of September in FY27, accounting for 42.1% of the full-year budget target, up from 36.5% last year. The rise is driven by increased capital spending and subsidies. The government aims to meet a ₹16.96 trillion deficit target for FY27, relying on strong tax and non-tax revenues despite cutting market borrowings by ₹1.2 trillion.
Mint··New Delhi



