04-November-2026
Economy News
 
Centre's FY27 fiscal deficit may exceed Budget target by Rs 1.2 lakh crore: SBI Research
03-Nov-2026

The central government's fiscal deficit is likely to exceed the budget estimate by Rs 1.2 lakh crore in 2026-27, largely due to structural factors such as an increase in fertiliser, LPG and petroleum subsidy expenditure and the new GDP base impact, according to a report.

News Source:- https://economictimes.indiatimes.com/news/economy/policy/centres-fy27-fiscal-deficit-may-exceed-budget-target-by-rs-1-2-lakh-crore-sbi-research/articleshow/135468858.cms