India’s fiscal deficit reaches 74 percent of full-year target in July


New Delhi – India's monetary Deficit amid April-July was 3.93 trillion rupees ($58.69 billion), or 73.7 percent of the planned focus for the financial year finishing in March 2017, government information appeared on Wednesday. 

“Radical Changes” in FDI policy approved by Union Cabinet

The Deficitwas 69.3 percent amid the same time frame a year back. 

Net duty receipts in the initial four months of 2016/17 financial year were 2.22 trillion rupees. 

($1 = 66.9650 Indian rupees).

Furthers details are awaited.

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