New Delhi: The country's fiscal deficit at ₹8.51 trillion at the end of February 2019 had touched 4.52% of the GDP, a senior Finance Ministry source said on Thursday citing its data in this regard. The government's has pegged its fiscal deficit target for 2018-19 at 3.4% for which was revised upwards from the earlier 3.3%. The government is yet to release the fiscal deficit figure for the last financial year, including the figure for March. As a percentage to GDP, fiscal Deficit is 4.52% and revenue deficit is 3.45%", says the Finance Ministry note. Total receipts include Net Tax Revenue to Centre ( ₹10,93,923 crore), Non Tax Revenue ( ₹1,71,755 crore) and Other Receipts ( ₹71,662 crore), the figures showed.

Source: Mint May 09, 2019 14:48 UTC