Fiscal deficit in Q1 at 31%

Improvement was also seen in the case of revenue deficit, which was 38.1 per cent of the budget estimate against 138.7 per cent in the same quarter last fiscal, according to data released by the Controller General of Accounts.

Against the Budget estimate of Rs 4,00,996 crore for the entire financial year, the fiscal deficit stood at Rs 1,24,302 crore at the end of June 30, 2009.

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