How to calculate? 1)Fiscal deficit 2) Primary deficit

RIDHAM · 12 Jun 2024

To calculate: 1) Fiscal deficit: Fiscal deficit = Total expenditure - Total revenue receipts Total expenditure = Expenditure on revenue account + Expenditure on capital account + Interest payment Total revenue receipts = Revenue receipts + Borrowings + Other receipts Total expenditure = 24,500 + 26,000 + 2,000 = 52,500 Total revenue receipts = 20,000 + 1,500 + 15,000 + 5,000 = 41,500 Fiscal deficit = 52,500 - 41,500 = 11,000 Crores 2) Primary deficit: Primary deficit = Fiscal deficit - Interest payment Interest payment is already given as 2,000 Crores. Primary deficit = 11,000 - 2,000 = 9,000 Crores