India's fiscal deficit on track, but spending challenges persist, govt. has only five months left in FY25 to spend: UBI report

New Delhi [India], December 2 (ANI): The central government fiscal deficit stands at 46.5 per cent of its budget estimates in the first seven months of the current financial year 2025, highlights a report by Union Bank of India.

The report also noted that the capital expenditure of the government in the first seven months of the current fiscal stands at only 42 per cent and it will be a challenge for the government to spe