Fiscal Deficit 2016-17

According to Anis Chakravarty, Lead Economist, Deloitte, the fall in the latest growth number was possibly on account of the temporary shocks in combination with an overall slowing of the economy

The exchequer's total receipts during the fiscal under review yielded Rs 14.39 lakh crore, or 97.3 per cent of the estimates. The total expenditure during the April-March 2016-17 period was Rs 19.74 lakh crore, or 98 per cent of the entire fiscal's estimate