The central government’s fiscal deficit touched 32.6 per cent of the annual target in the current financial year till August as against 31.1 per cent recorded a year ago, according to official data released on Friday. In actual terms, the fiscal deficit — the difference between expenditure and revenue — was Rs 5,41,601 crore during the April-August period of this financial year. Fiscal deficit is an indicator of the government’s borrowings from the market.
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