India's April-September fiscal deficit touches 74.91 bln USD

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India's April-September fiscal deficit touches 74.91 bln USD

STORY: India's April-September fiscal deficit touches 74.91 bln USD DATELINE: Nov. 1, 2022 LENGTH: 00:01:35 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. shot of India Gate 2. various of the market area 3. various of a wholesale market 4. various of a gas station 5. shot of traffic STORYLINE: India's federal fiscal deficit in the first half of the financial year through September rose to 6.20 trillion rupees (74.91 billion U.S. dollars), officials said Monday. According to data released by the federal finance ministry's Controller General of Accounts, the government's fiscal deficit during the period of April-September 2022 touched 37.3 percent of annual estimates, widening from 35 percent for the corresponding period of the previous year. The government's total receipts, including taxes, stood at 12.04 trillion rupees (145.4 billion U.S. dollars) or 52.7 percent of budget estimates (BE) for the financial year 2022-23. Total expenditure for the first six months of the current financial year was 18.

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