30 September 2025, 17:49 India: Budget Deficit Widens.
The Indian government recorded a budget deficit of INR 5.98 trillion in the first five months of the 2026 fiscal year, widening from the INR 4.35 trillion deficit in the corresponding period of the previous year. While the funding gap corresponded to less than 40% of the deficit budgeted for this year, the result extended the momentum of a less prudential backdrop to the government's budget as growth concerns and threats of aggressive sanctions by the US drove the Indian government to increase economic support in the period. Total government expenditure was at INR 18.81 trillion, while receipts were at INR 14.49 trillion.
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