08-02-2005, 02:28 AM
<!--QuoteBegin-->QUOTE<!--QuoteEBegin--><b>Fiscal deficit shot up by 31% to Rs 54,517 crore </b>
Pioneer
New Delhi
The Centre's fiscal deficit shot up by about 31 per cent to Rs 54,517 crore in the first quarter of this fiscal due to higher expenditure. However, buoyant tax collections kept revenue deficit marginally higher at Rs 47,311 crore in Apri-June this fiscal as compared to Rs 46,394 crore a year-ago period, according to the figures of the Controller General of Accounts
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When Manmohan Singh is PM <!--emo&--><img src='style_emoticons/<#EMO_DIR#>/biggrin.gif' border='0' style='vertical-align:middle' alt='biggrin.gif' /><!--endemo-->
Pioneer
New Delhi
The Centre's fiscal deficit shot up by about 31 per cent to Rs 54,517 crore in the first quarter of this fiscal due to higher expenditure. However, buoyant tax collections kept revenue deficit marginally higher at Rs 47,311 crore in Apri-June this fiscal as compared to Rs 46,394 crore a year-ago period, according to the figures of the Controller General of Accounts
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When Manmohan Singh is PM <!--emo&--><img src='style_emoticons/<#EMO_DIR#>/biggrin.gif' border='0' style='vertical-align:middle' alt='biggrin.gif' /><!--endemo-->