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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Demonetisation – How does it affect government finances..??

While the nation adjusts to the new normal arising out of the historic demonetization and debates its merit/demerit, it also has another important fall-out. The move can lead to huge bonanza for government in the form of sharp increase in the transfer from RBI. This would be equivalent to the amount of Rs 500 and Rs 1,000 notes … Continue reading Demonetisation – How does it affect government finances..??
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