The latest available Provisional Actuals (PA) for India's deficit statistics for the fiscal year 2023-24 (April 2023 to March 2024) have been released by the Controller General of Accounts (CGA).
Fiscal Deficit: The fiscal deficit of the Union Government for FY 2023-24 declined to 5.6 per cent of GDP. This is lower than the revised estimate of 5.8% of GDP.
Revenue Deficit: The revenue deficit for FY 2023-24 declined to 2.6 per cent of GDP.
Primary Deficit: The primary deficit for FY 2023-24 was 2.0 per cent of GDP.
Effective Revenue Deficit: The effective revenue deficit for FY 2023-24 was 1.6 per cent of GDP.
| List I | | List II |
A | Fiscal deficit | 1 | 5.6 |
B | Revenue deficit | 2 | 2.6 |
C | Primary deficit | 3 | 2.0 |
D | Effective revenue deficit | 4 | 1.6 |