Fiscal deficit narrows to 0.8% of full-year goal at Might-end, boosted by RBI dividend payout: CGA

The central authorities’s fiscal deficit fell sharply to 0.8 per cent of the full-year goal on the finish of Might 2025, aided by a file Rs 2.69 lakh crore dividend acquired from the Reserve Financial institution of India, in line with knowledge launched by the Controller Basic of Accounts (CGA).In April, the fiscal deficit stood at 11.9 per cent of the Funds Estimates (BE) for 2025-26, or Rs 1.86 lakh crore. Following the RBI dividend payout, it fell to Rs 13,163 crore or 0.8 per cent of the full-year BE, CGA knowledge confirmed, reported PTI.The Centre has pegged the fiscal deficit at 4.4 per cent of GDP or Rs 15.69 lakh crore for 2025-26.As compared, the fiscal deficit stood at 3.1 per cent of the BE for 2024-25 through the first two months of the earlier fiscal.As per CGA knowledge, the federal government acquired Rs 2.78 lakh crore below ‘dividends and earnings’ in April-Might, amounting to 86 per cent of the budgeted estimates.The Authorities of India’s whole receipts stood at Rs 7.32 lakh crore, or 21 per cent of the BE 2025-26, comprising Rs 3.5 lakh crore as internet tax income, Rs 3.56 lakh crore in non-tax income, and Rs 25,224 crore in non-debt capital receipts.CGA stated Rs 1.63 lakh crore was devolved to state governments as their share of taxes — Rs 23,720 crore larger than the identical interval final 12 months.Complete expenditure by the Centre throughout April-Might stood at Rs 7.46 lakh crore, or 14.7 per cent of the BE. This included Rs 5.24 lakh crore of income expenditure and Rs 2.21 lakh crore of capital expenditure.Of the entire income expenditure, Rs 1.47 lakh crore went in the direction of curiosity funds and Rs 51,253 crore in the direction of main subsidies, CGA stated.