The government has set a fiscal deficit target of 3.4 per centfor 2019/20, same as 2018/19.Fiscal deficit in May stood at Rs 3.66 lakh crore($53.04 billion), or 52 per centof the budgeted target for the current fiscal year, government data showed on Friday.Net tax receipts in the first two months of the fiscal year were Rs 1.15 lakh crore, while total expenditure was Rs 5.13 lakh crore, government data showed.The government has set a fiscal deficit target of 3.4 per centfor 2019/20, same as 2018/19.Get Breaking news, live coverage, and Latest News from India and around the world on TheIndianSubcontinent.com.
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