In a Govt. Budget primary deficit is Rs. 25,000 Cr. and interest payments are Rs. 15,000 Cr. How much is the fiscal deficit?
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In a Govt. Budget primary deficit is Rs. 25,000 Cr. and interest payments are Rs. 15,000 Cr. How much is the fiscal deficit?
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Answers
Ravi kant
Fiscal Deficit = Primary Deficit + Interest Payment
= 25,000 + 15,000
= 40,000 Crore.