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Primary deficit=Fiscal deficit-[minus] Interest payments
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∙ 13y ago
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How many types of deficit in Indian budget?
Currently in 2010-2011 1. Revenue Deficit 2. Fiscal Deficit 3.Primary Deficit. There used to be these 2 more type which have been now abolished 4. Budget Deficit 5. Monetised Deficit ~wt.what@gmail.com
What is primary deficit?
Primary deficit is the gross deficit which is obtained by subtracting interest payments from budget deficit of any country of a particular year. We need to know the value of primary deficit, while calculating the fiscal deficit.Alternative Definition of Primary DeficitPrimary deficit corresponds to the net borrowing, which is required to meet the expenditure excluding the interest payment.Primary Deficit = (Fiscal Deficit - Interest Payment)Statistical reports: Primary deficit ( in India)In the fiscal year 1999-2000: primary deficit was (-) Rs.2598.72 croreIn the fiscal year 2000-2001: primary deficit was (-) Rs.1038.38 croreIn the fiscal year 2001-2002: primary deficit was (-) Rs.2598.72 croreOver the last few year the fiscal status of India has improved. In the fiscal year 2006-07, the revenue deficit in India was 2%, primary deficit was 0.1% and fiscal deficit was 3.7 percent. The government of India budget for 2007-08 predicts a revenue deficit of 1.5%, primary deficit of -0.2% and fiscal deficit of 3.3 percent.
Is Government operating balance and Budget deficit the same thing?
sorry not Budget deficit... budget balance
What is a budget deficit?
A budget deficit is when the finances of a something exceeds its revenue. This basically means they have spent too much money.
What is the difference among fiscal deficit budget deficit revenue deficit and trade deficit?
fiscal deficit: not enough money budget deficit: not as much money as you had planned to have in your budget revenue deficit: not enough money coming in trade deficit: you are spending more money on imports than the amount of money which you receive for your exports.
Definition of budget deficit?
If the revenue is less than the expenditure, a budget is said to be in deficit. A budget is divided into 3: a. Surplus budget b. Deficit budget c. Balanced budget Surplus : REVENUE greater than EXPENDITURE Deficit : REVENUE less than EXPENDITURE Balanced : REVENUE equals EXPENDITURE
Can you make a sentence with Budget deficit?
The government was under pressure to raise more taxes due to the budget deficit they had.
Who pays for the budget deficit talked about in the budget speech?
Taxpayers
Which describes a budget in which expenditures exceed revenue?
budget deficit
What is it called when the government annually spend more than its receives in revenue?
a federal budget deficit
What is a budget deficit and how is it maintained?
by cheating
How do you calculate the budget deficit?
BD = Budget Deficit PBD = Primary Budget Deficit iD = Debt Service Payments G = Government spending TR = Tax Revenue TP = Transfer Payments T = Net Tax Revenue BD = PBD + iD PBD = G - T PBD = G - (TR - TP) PBD = G - TR + TP BD = G - TR + TP + iD
