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This is What You Need to Know About the Fiscal Deficit

The GDP takes into account the increasing (or decreasing, for that matter) size of a country’s economy. Rarely does any government around the world run a fiscal surplus, and almost all governments run a deficit; that is, they spend more than they earn. The Indian government is no different. The following chart plots the fiscal deficit since 2000-01.
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02 May 2024
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