April-October fiscal deficit nears 90 pct of full-year target

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Reuters NEW DELHI
Last Updated : Nov 28 2014 | 2:35 PM IST

NEW DELHI (Reuters) - India's fiscal deficit was 4.76 trillion rupees ($76.77 billion) during April-October, or 89.6 percent of the full-year target, government data showed on Friday.

The deficit was 84.4 percent during the comparable period in the previous fiscal year.

Net tax receipts were at 3.69 trillion rupees ($59.52 billion) in the first seven months of the current fiscal year that ends in March 2015.

($1 = 62.0000 rupees)

(Reporting by Manoj Kumar; Editing by Frank Jack Daniel)

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First Published: Nov 28 2014 | 2:28 PM IST

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