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Fiscal Deficit Crosses One-Third of Annual Target by August, Shows CGA Data
Fiscal Deficit: According to data from the Controller General of Accounts (CGA), the central government's fiscal deficit at the end of August was 38.1 percent of the full-year target. The fiscal deficit in the first five months of the previous financial year was 27 percent of the 2024-25 Budget Estimate (BE).
The fiscal deficit of the central government as on end-August stood at 38.1 percent of the target for the year. According to data released by the Controller General of Accounts (CGA) on Tuesday, the fiscal deficit in the first five months of the previous financial year was 27 percent of the 2024-25 Budget Estimate (BE).
In actual numbers, the fiscal deficit, which is the gap between government spending and revenue, was ₹5,98,153 crore in April-August 2025-26. The Centre projects the fiscal deficit to be 4.4 percent of GDP, or ₹15.69 lakh crore, in 2025-26.
CGA figures indicated that the government had received ₹12.82 lakh crore (36.7 percent of the corresponding Budget Estimates 2025-26 total receipts) as of August 2025. The government received tax revenue (net to the Centre) of ₹8.1 lakh crore, non-tax revenue of ₹4.4 lakh crore, and non-debt capital receipts of ₹31,970 crore.
