India's fiscal deficit reached $61.67 billion during April-October, or 74% of the full-year target, government data showed on Monday.

The deficit was 89.6% of the full-year target during the same period a year ago.

Net tax receipts were $64.37 billion in the first seven months of the fiscal year that ends in March 2016. 

India's infrastructure output grew at 3.2% in October, year-on-year, unchanged from September but down from 9% a year ago, government data showed on Monday.

Infrastructure accounts for nearly 38 percent of India's industrial output.

India's economic growth likely picked up in the July-September quarter, outpacing China on improving domestic demand and manufacturing activity that could persuade the Reserve Bank of India to keep interest rates unchanged on Tuesday.

Asia's third-largest economy likely expanded 7.3% in the second quarter of the current financial year 2015/16 that ends in March, compared with 7 percent in April-June, according to analysts polled by Reuters.

The data will be released on Monday at around 5:30 p.m.

Stronger growth would be a boost for Prime Minister Narendra Modi after a defeat in state elections of India's third-most populous state of Bihar. Modi is focussing on reforms to accelerate growth and hopes to convince his opponents to implement a much-delayed national sales tax in 2016.

Analysts say the goods and services tax - which seeks to unify India's 29 states into a single market - could help raise GDP growth to around 8 percent in the next fiscal year.

"Higher government capital spending, as well as efforts to facilitate clearances and simplify approvals have contributed to a pickup in investment activity," said Aditi Nayar, an economist at ICRA, the Indian arm of credit rating agency Moody's.