The deficit was 76.4 per cent of full-year target during same period a year ago.
![An SBI internal research report, Ecowrap, has pegged in a \fiscal deficit target of Rs 5.75 lakh crores for the financial year 2017-18, at 3.4 per cent of GDP.\](https://images.deccanchronicle.com/dc-Cover-6cc391k544gkf6frq8sa9mrs50-20170123151316.Medi.jpeg "An SBI internal research report, Ecowrap, has pegged in a \fiscal deficit target of Rs 5.75 lakh crores for the financial year 2017-18, at 3.4 per cent of GDP.\")
In FY17, CAD was at USD 15.2 billion, or 0.7 per cent of GDP.
New Delhi: India reported fiscal deficit of Rs 5.25 trillion ($80.42 billion) for April-August or 96.1 per cent of the budgeted target for the current fiscal year that ends in March 2018.
The deficit was 76.4 per cent of the full-year target during the same period a year ago. Net tax receipts in the first five months of 2017-18 fiscal year were Rs 3.4 trillion, government data showed on Friday.
( Source : reuters )
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