A fiscal deficit is the shortage of monetary or financial resources that a government suffers from when its expenditure exceeds the revenue it generates in a fiscal year. It is calculated as the difference between the total expenditure and total income and is denoted as a percentage of the gross domestic product (GDP). Calcutta: The Centre’s fiscal deficit stood at 36.5 per cent of the full-year target at the end of the first half of FY26, aided by a spurt in capital expenditure, according to data released by the Controller General of Accounts (CGA) on Friday. Fiscal deficit — the gap between the government ... India's fiscal deficit reached Rs 5.73 lakh crore from April to September, marking a 36.5% increase towards the annual target for FY26. Learn about the concept, causes, and impact of fiscal deficit , and how the government plans to reduce it in India. Find out the key formulas, trends, and legislation related to fiscal management.
