Centre's FY27 fiscal deficit may exceed Budget target by ₹1.2 lakh crore, reach 4.7% of GDP: SBI Research

Published 03 Nov 2026, 10:16 IST

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center · 1 outlet

The Centre's fiscal deficit for 2026-27 could exceed the Budget Estimate by around Rs 1.2 lakh crore, with higher subsidy spending and lower tax receipts adding pressure on government finances, according to a report by SBI Research.

— The Tribune
right · 1 outlet

The report estimates that the fiscal deficit could rise to 4.7% of GDP, compared with the budgeted 4.3%

— BusinessLine

RSS excerpt

The report estimates that the fiscal deficit could rise to 4.7% of GDP, compared with the budgeted 4.3%

Coverage arrived over 0 hours — first from The Tribune, latest from BusinessLine.

✓ Corroborated Coverage 2 news outlets reporting

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Coverage Bias Distribution

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C 50%

R 50%

Left / Center-Left 0 (0%)

Center 1 (50%)

Center-Right / Right 1 (50%)

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BusinessLine Center-Right The Hindu Group (Kasturi & Sons) Current article 03 Nov 2026, 10:16 IST

Centre's FY27 fiscal deficit may exceed Budget target by ₹1.2 lakh crore, reach 4.7% of GDP: SBI Research

The report estimates that the fiscal deficit could rise to 4.7% of GDP, compared with the budgeted 4.3%

Read full article at BusinessLine ↗

The Tribune Center The Tribune Trust 03 Nov 2026, 09:17 IST

Centre’s FY27 fiscal deficit may exceed Budget target by Rs 1.2 lakh crore, reach 4.7% of GDP: SBI Research

The Centre's fiscal deficit for 2026-27 could exceed the Budget Estimate by around Rs 1.2 lakh crore, with higher subsidy spending and lower tax receipts adding pressure on government finances, according to a report by SBI Research.

Compare on Varta → Read at The Tribune ↗