India Posts 15.19 Trillion-Rupee 2025/26 Fiscal Deficit at 4.4% of GDP
Updated
Updated · Reuters · Jun 1
India Posts 15.19 Trillion-Rupee 2025/26 Fiscal Deficit at 4.4% of GDP
2 articles · Updated · Reuters · Jun 1
Summary
15.19 trillion rupees was India’s fiscal deficit for the year ended March 31, 2026, matching the government’s revised estimate at 4.4% of GDP.
97.5% of the revised target had been used by year-end, with net tax receipts rising to 33 trillion rupees from 30.87 trillion and non-tax revenue increasing to 6.8 trillion rupees from 5.31 trillion.
49 trillion rupees of total spending in 2025/26 topped 47.16 trillion a year earlier, while capital expenditure on infrastructure rose to 10.7 trillion rupees from 10.18 trillion.
21.4% of the full-year budget target for 2026/27 had already been reached in April, offering an early read on the next fiscal year’s borrowing path.