Apr-Oct fiscal deficit at $52.7 billion -
NEW DELHI - India's fiscal deficit for April to October was 2.45 trillion rupees ($52.7 billion), or 61 percent of the full-year target, the government said in a statement on Monday.
Tax receipts were 2.14 trillion rupees and total expenditure was 5.37 trillion rupees for the first seven months of 2009/10 fiscal year.
In July, the government forecast a fiscal deficit of 4 trillion rupees, or 6.8 percent of gross domestic product, for 2009/10 (April/March).
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