India’s latest listed monthly account put the fiscal deficit at 41.9% of the FY27 target through August, while Reuters reported a 42.1% share for April-September.
Reuters reported Oct. 30, citing government data, that the six-month shortfall was ₹7.15 trillion ($75.24 billion). The Economic Times separately reported ₹7.14 lakh crore for April-September.
The CGA’s August account recorded a cumulative deficit of ₹710,249 crore against an annual estimate of ₹1,695,768 crore. That estimate equals ₹16.96 lakh crore. The August figure was 41.9% of the full-year estimate.
The Union Budget sets the FY2026-27 deficit target at 4.3% of gross domestic product. India’s fiscal year runs from April to March, ending in March 2027. The CGA defines the deficit as total expenditure minus total receipts and says its monthly accounts are unaudited provisional figures that may reflect timing differences between receipts and spending.
For April-September FY2025-26, CGA accounts recorded a deficit of ₹573,123 crore, or 36.5% of that year’s budget estimate.
The Economic Times reported total receipts of ₹18.35 lakh crore for the current six-month period, equal to 50.3% of the annual estimate. It reported revenue receipts of ₹17.57 lakh crore, comprising ₹12.76 lakh crore in net tax revenue and ₹4.81 lakh crore in non-tax revenue.
