India's federal fiscal deficit touches 58.6% of annual target in two months

Net tax receipts during April-May period were 338.5 billion rupees ($4.48 billion), while total expenditure was 5.12 trillion rupees, the data showed, indicating the government was front-loading its budgeted spending to combat the impact of pandemic.

from Economy-News-Economic Times https://ift.tt/2CVe76Y