Budget – Understanding Deficit Terminologies…

The most important and the first number any economist looks at while analyzing the budget is the fiscal deficit which has been projected to be 3.2% of GDP for 2017-18. However, other than that, budget also throws up other deficit numbers such as primary deficit, revenue deficit and effective revenue deficit..! So what all are these … Continue reading Budget – Understanding Deficit Terminologies…
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Indian Government Debt – Where Is It going..??

After reaching a level of 83% of GDP in FY04, Government debt (Central and States combined) has declined by 17 percentage point. While the decline is much desirable, it still leaves open the question whether government borrowing is essential for the economy and more importantly, how much is too much. A look at the discussion..  It … Continue reading Indian Government Debt – Where Is It going..??
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