New Delhi, March 31 -- India's fiscal deficit for the April-February period of 2025-26 stood at Rs.12.5 lakh crore, or 80.4% of the revised estimates (RE), according to data released by the Controller General of Accounts (CGA) on Monday. The fiscal deficit for the year-ago period stood at Rs.13.4 lakh crore, accounting for 85.8% of the revised estimate for 2024-25. With a downward revision in nominal gross domestic product (GDP), the fiscal gap for 2025-26 is now expected to come in at around 4.5% of GDP, slightly higher than the revised estimate of 4.3%. The Centre's fiscal deficit, in actual terms, for 2024-25 was Rs.15.77 lakh crore, and for 2025-26, the target is Rs.15.58 lakh crore. The Centre's capital expenditure remained strong, gro...