Fiscal deficit touches 63% of BE in 4 months

Amid slowing tax revenues and rising Plan expenditure, the Centre’s fiscal deficit for the first four months of this financial year soared to Rs 3.4 lakh crore, 62.8 per cent of the Budget estimate (BE) of Rs 5.42 lakh crore for 2013-14, according to data released by the Controller General of Accounts.

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