Centre confident of meeting FY23 fiscal gap target of 6.4%

The fiscal deficit numbers for FY23 will be formally released by the government at the end of May. The second advance estimate for FY23 released on February 28 pegged nominal GDP at ₹272 lakh crore, lower than budgeted ₹273.1 lakh crore. The provisional estimate of the full-year (FY23) GDP will be announced on May 31.

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