Fiscal deficit reaches over 78% at Rs 5.54L cr

The country's fiscal deficit touched Rs 5.54 lakh crore at the end of Aug, which was 78.7% of the Budget Estimate for 2019-20. In absolute terms, the fiscal deficit or the gap between expenditure and revenue was Rs 5,53,840 cr as on Aug 31. The deficit was at 86.5% of the 2018-19 Budget Estimate in corresponding month a year ago.

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