New Delhi: India’s fiscal deficit for 2021-22 worked out to be 6.71% of its gross domestic product (GDP), lower than the 6.9% deficit projected by the Finance Ministry in its revised Budget Estimates, according to government data released on Tuesday, May 31.Unveiling the revenue-expenditure data of the Union government for 2020-21, the Controller General of Accounts (CGA) said that the fiscal deficit in the absolute terms was be Rs 15,86,537 crore (provisional).The revenue deficit at the end of 2021-22 was 4.37%.For the last financial year, the government had initially pegged the fiscal deficit at 6.8% of the GDP in the budget presented in February 2021.The government, in the revised estimates in the Budget for 2022-23, had forecast a higher fiscal deficit of 6.9% of the GDP or Rs 15,91,089 crore for the fiscal ended in March.(PTI)