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What is revenue deficit

Revenue Deficit & Fiscal Deficit

March 25, 2013 by Simply Decoded 8 Comments

  Author: Parveen Kaswan (Follow for more updates)   What is fiscal deficit? The difference between total revenue and total expenditure of the government is termed as fiscal deficit. It is an indication of the total borrowings needed by the government. While calculating the total revenue, borrowings are not included. Generally fiscal deficit takes place due … [Read more…]

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