Question
What percentage of the full-year target did the Centre's
fiscal deficit touch in the first four months of 2023-24, according to data released by the Controller General of Accounts (CGA)?Solution
According to the data released by the Controller General of Accounts (CGA), the Centre’s fiscal deficit in the first four months of 2023-24 touched 33.9 per cent of the full-year target. In absolute terms, the fiscal deficit was Rs 6.06 lakh crore as of end-July.
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