The combined fiscal deficit of 24 Indian states, representing nearly 92 per cent of the countrys GDP, reached Rs 1.5 trillion or 1.8 per cent of GSDP in the first quarter of 2025-26 - April-June, according to a report by ICICI Bank Global Markets.
The combined fiscal deficit of 24 Indian states, representing nearly 92 per cent of the countrys GDP, reached Rs 1.5 trillion or 1.8 per cent of GSDP in the first quarter of 2025-26 - April-June, according to a report by ICICI Bank Global Markets.