Apr-Aug fiscal deficit widens to ₹7.1 trillion on higher capex, subsidies

Higher capex and subsidies widen Apr-Aug fiscal deficit to ₹7.1 trillion. The fiscal deficit reached ₹7.1 trillion, or 39.4% of the full-year budget estimate, in the first five months of FY25. Elevated spending on infrastructure and subsidies contributed to the widening gap. Revenue collections lagged behind expenditure growth, raising concerns over fiscal discipline.

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