FY22 fiscal deficit at 6.71%; lower than budget estimate
Fiscal deficit in absolute terms in 2021-22 stood at ₹15,86,537 crore (provisional); revenue deficit was ₹10,32,947 crore (4.37%).
Fiscal deficit in absolute terms in 2021-22 stood at ₹15,86,537 crore (provisional); revenue deficit was ₹10,32,947 crore (4.37%).
The fiscal deficit for FY22 is likely to be in the region of 6.3-6.4% against the initial estimate of 6.8%, thanks to a pick-up in economic activity after the second wave of Covid.