India Meets Fiscal Deficit Target of 4.8% for FY 2024-25 Despite Revenue Shortfalls
In a notable achievement for fiscal management, the Government of India has successfully met its fiscal deficit target of 4.8% of GDP for the financial year 2024–25, even as total receipts came in slightly below expectations. This update was released by the Controller General of Accounts (CGA) on Friday, along with the provisional GDP estimates …