India's Fiscal Deficit Widens to Rs 7.14 Lakh Crore in First Half of FY27

The Indian government's fiscal deficit has widened to Rs 7.14 lakh crore in the first half of fiscal year 2027, reaching 42.1% of the full-year budget target. This increase is driven by faster growth in government expenditure compared to receipts, with notable double-digit rises in food and fertiliser subsidies alongside increased capital expenditure.

Originally published by gnews