<p>Fiscal deficit of the Centre shot up to Rs 90,758 crore for the first two months of the current fiscal, already 27.3 per cent of the budget estimate.<br /><br />The budget estimate for the fiscal deficit in the year 2009-10 is Rs 3,32,835 crore. Last year 2008-09, the first two months of the fiscal had accounted for 54.9 per cent of the year’s budget estimate.<br /><br />The deficit touched 16 per cent of the target in the very first month — April itself. The deficit for the month stood at Rs 54,100 crore. Fiscal deficit was projected to be 5.5 per cent of GDP in the interim budget for 2009-10.<br /><br />Revenue deficit rose to Rs 80,963 crore, which is 33.9 per cent of the full year’s estimate of Rs 2,38,534 crore.</p>
<p>Fiscal deficit of the Centre shot up to Rs 90,758 crore for the first two months of the current fiscal, already 27.3 per cent of the budget estimate.<br /><br />The budget estimate for the fiscal deficit in the year 2009-10 is Rs 3,32,835 crore. Last year 2008-09, the first two months of the fiscal had accounted for 54.9 per cent of the year’s budget estimate.<br /><br />The deficit touched 16 per cent of the target in the very first month — April itself. The deficit for the month stood at Rs 54,100 crore. Fiscal deficit was projected to be 5.5 per cent of GDP in the interim budget for 2009-10.<br /><br />Revenue deficit rose to Rs 80,963 crore, which is 33.9 per cent of the full year’s estimate of Rs 2,38,534 crore.</p>