Central Government notches up fiscal deficit of INR 3.78 lakh crore
Q. Government has notched up fiscal deficit of how much of the full year 2015-2016 target during April to September of the current fiscal?- Published on 02 Nov 15a. INR 3.78 lakh crore
b. INR 3.79 lakh crore
c. INR 4.01 lakh crore
d. None of the above
ANSWER: INR 3.78 lakh crore
Central government has notched up fiscal deficit of INR 3.78 lakh crore totalling 68.1% of the full 2015-2016 fiscal target. This was during the period of the first 6 months (April to September), according to data released by the government. By September, government got revenue of INR 5.13 lakh crore which is 45% of FY16 estimate and total spending was pegged at INR 9.11 lakh crore or 51.2 percent. From the total spending, plan spending was estimated at INR 2.54 lakh crore and non plan at INR 6.57 lakh crore. Of the total revenues, GoI has received INR 144 lakh crore through non tax sources and a significant portions of tax revenues have been received during Q4.
