It was 29 percent of the budget estimates (BE) in the first six months of the previous fiscal year.
India’s fiscal deficit between April and September this year was Rs 5.73 trillion ($65.19 billion), or 36.5 percent of the estimate for FY26. It was 29 percent of the budget estimates in the first six months of FY25. In absolute terms, the fiscal deficit was Rs 5,731.23 billion during the period. The central government projects the fiscal deficit during FY26 at 4.4 percent of GDP, or Rs 15.69 trillion.
In absolute terms, the fiscal deficit, or gap between government expenditure and revenue, was Rs 5,731.23 billion during the period. The central government projects the fiscal deficit during FY26 at 4.4 percent of GDP, or Rs 15.69 trillion.
Data from the Comptroller General of Accounts (CGA) showed that the government received ₹16.95 trillion, i.e. 49.6 per cent of the total revenue for FY26 BE till September 2025.
This comprised ₹12.29 trillion of tax revenue (net to the central government), ₹4.6 trillion of non-tax revenue and ₹347 billion of non-debt capital revenue.
Fiber2Fashion News Desk (DS)
