Experts said the Centre would comfortably meet the downwardly revised fiscal deficit target for the fiscal. The fiscal deficit in absolute terms was revised down to ₹ 17.35 lakh crore or 5.8% of gross domestic product (GDP) from the earlier budget estimate of ₹17.87 lakh crore.
The government's fiscal deficit in February-end (April 2021 to February 2022) worked out at 82.7 per cent of the revised annual budget estimates for 2021-22, according to official data released on Thursday.