India's fiscal deficit for the April-October period has reached 46.5% of the FY25 target, slightly up from 45% during the same timeframe last year.
The total fiscal deficit reflects the government's ongoing financial management as it navigates economic challenges.
Capex spending has shown a decline, with only 42% of the fiscal year budget of Rs 11.11 lakh crore utilized so far, compared to 54.7% in the previous fiscal year.
This muted spending trend raises questions about the government's investment strategies and economic stimulus efforts.
Despite these figures, experts remain optimistic, suggesting that the government is on track to meet its fiscal deficit target of 4.9% as outlined in the Union Budget for 2024-25.