FX.co ★ Indian Budget Deficit Widens

In the first five months of the 2026 fiscal year, the Indian government reported a budget deficit of INR 5.98 trillion, a rise from the INR 4.35 trillion deficit during the same timeframe the previous year. Although below 40% of the budgeted deficit for the year, this increase highlights a trend toward less fiscal restraint. This shift in the government's financial approach is influenced largely by economic growth concerns and potential sanctions from the United States, prompting increased economic support measures. Total government spending reached INR 18.81 trillion, while revenues amounted to INR 14.49 trillion.