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Fiscal Deficit | Explained | Definition| Calculation | Advantages & Disadvantages |
Fiscal Deficit | Explained | Definition| Calculation | Advantages & Disadvantages |
Besdisha
February 07, 2020
What do you mean by Fiscal Deficit?
The government describes fiscal deficit of India as “the excess of total disbursements from the Consolidated Fund of India, excluding repayment of the debt, over total receipts into the Fund (excluding the debt receipts) during a financial year”.
UPSC CSE 2020 IAS EXAM FISCAL DEFICIT BUDGET 2020,
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