India's April-January fiscal deficit hits 66.8% of full-year target

On February 1, the government revised its fiscal deficit target for the current year that runs through March to 9.5% of gross domestic product (GDP), instead of its original target of 3.5% of GDP as the coronavirus pandemic lead to lower tax collection and higher spending.

from Economy-News-Economic Times https://ift.tt/3krmHfx