India’s Fiscal Deficit reaches Rs 8.25 Lakh Crore by October
Nov 29, 2025
India’s fiscal deficit rose to Rs 8.25 lakh crore by the end of October in the current financial year, according to data released by the Ministry of Finance. The figure represents a little over half of the full-year target set in the Union Budget.
The Centre’s total receipts stood at more than Rs 18.4 lakh crore, amounting to 51.5 percent of the budgeted estimates for 2024–25. This includes revenue from taxes, non-tax sources, and capital receipts.
On the expenditure side, the government spent over Rs 26.25 lakh crore during the same period, which accounts for 51.8 percent of the annual expenditure target. The spending includes both revenue and capital outlays aimed at supporting economic growth and ongoing development programmes.
Fiscal deficit, the gap between government expenditure and revenue, is a key indicator of the country’s financial health. The latest numbers suggest that the government is closely tracking its budget estimates as it heads into the second half of the fiscal year.