India’s April-May fiscal deficit at 0.8% of full-year target

NEW DELHI (Reuters) -India’s fiscal deficit for April-May was 131.6 billion rupees ($1.5 billion) or 0.8% of the estimate for the financial year ending March 31, government data showed on Monday.

KEY NUMBERS

* Net tax receipts at 3.5 trillion rupees compared with 3.2 trillion rupees a year earlier

* Non-tax revenue at 3.6 trillion rupees compared with 2.5 trillion rupees a year ago

* Total government expenditure at 7.5 trillion rupees compared with 6.2 trillion rupees a year earlier

* Capital expenditure, or spending on building physical infrastructure, was 2.2 trillion rupees, against 1.4 trillion rupees a year ago

($1 = 85.7700 Indian rupees)

(Reporting by Nikunj Ohri; Editing by Mrigank Dhaniwala)

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