The Centre’s fiscal deficit reached ₹7.14 lakh crore by September-end, accounting for 42.1% of the FY27 Budget target.
India’s central government fiscal deficit reached 42.1 per cent of the full-year Budget target during the first six months of FY27, according to data released by the Controller General of Accounts (CGA) on Friday.
In absolute terms, the fiscal deficit stood at ₹7,14,413 crore at the end of September 2026.
The deficit, which represents the gap between government expenditure and revenue, was 36.5 per cent of the corresponding Budget Estimates during the same period of the previous fiscal year.
For FY27, the government has set a fiscal deficit target of 4.3 per cent of gross domestic product, equivalent to approximately ₹16.96 lakh crore.
The CGA data showed that the Centre’s net tax revenue stood at ₹12.76 lakh crore by September, representing 44.5 per cent of the full-year Budget Estimates. This compared with 43.3 per cent in the year-ago period.
Meanwhile, total government expenditure reached approximately ₹25.5 lakh crore, accounting for 47.7 per cent of the FY27 Budget Estimates.
The latest figures provide an update on the government’s revenue collection and expenditure position during the first half of the financial year.
