Home / Business and Economy / India's Deficit Widens: Fiscal Gap Hits Rs 8.25 Lakh Crore
India's Deficit Widens: Fiscal Gap Hits Rs 8.25 Lakh Crore
28 Nov, 2025
Summary
- India's fiscal deficit reached Rs 8.25 lakh crore ($92.26 billion) by October.
- Net tax receipts declined year-on-year in the April-October period.
- Government spending on infrastructure capital expenditure saw a significant increase.
For the period spanning April to October, India's fiscal deficit registered at Rs 8.25 lakh crore, equivalent to $92.26 billion. This figure represents 52.6% of the projected deficit for the financial year 2025-26, indicating a widening gap.
Government financial data reveals a decrease in net tax receipts during April-October, falling below the collections from the same period in the prior fiscal year. Conversely, non-tax revenue experienced growth, rising to Rs 4.89 lakh crore from Rs 4 lakh crore year-on-year.
The total government expenditure also saw an uptick, reaching Rs 26.26 lakh crore compared to Rs 24.7 lakh crore in the preceding year. A substantial increase was observed in capital expenditure dedicated to infrastructure, which rose to Rs 6.18 lakh crore from Rs 4.7 lakh crore.
