April-June 2024 figures suggest fiscal deficit at Rs 1.4 tn Vs Rs 4.5 tn (YoY) : Anand Rathi Equity
New Delhi [India], August 1 (ANI): India's fiscal deficit reduced to Rs 1.4 trillion during April-June 2024, down from Rs 4.5 trillion reported in the same period last year, according to a report by Anand Rathi Equity, a financial services company.
The report attributes this reduction to a record dividend paid to the government by the Reserve Bank of India (RBI) and robust tax collections.
"India's fiscal deficit during A