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business / news / 2026-06-01 / Daily Excelsior

The government has achieved its fiscal deficit target of 4.4 per cent of the GDP for 2025-26.

The government achieved its fiscal deficit target of 4.4% of GDP for 2025-26.

KEY POINTS

Fiscal deficit estimate for the previous year was revised down to Rs 15,58,492 crore.
Total revenue collection reached Rs 33.42 lakh crore, or 98.8% of revised estimates.
Central government's expenditure in 2025-26 was Rs 49.64 lakh crore, also 98.8% of revised estimates.

By Daily Excelsior - NEW DELHI, Jun 1 : The government has achieved its fiscal deficit target of 4.4 per cent of the GDP for 2025-26, according to the data released by the Controller General of Accounts on Monday. The fiscal deficit for the previous financial year was estimated to be at Rs 15,68,936 crore, which was revised down to Rs 15,58,492 crore, as presented to Parliament in February by Finance Minister Nirmala Sitharaman. As per the CGA data, the government managed to collect Rs 33.42 lakh crore revenue, or 98.8 per cent of the revised Budget Estimates (RE). The central government’s expenditure during 2025-26 was Rs 49.64 lakh crore, or 98.8 per cent of the RE. The government’s fiscal deficit for 2024-25 was 4.8 per cent of the GDP. (PTI)

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