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What is theDifference between fiscal deficit and revenue deficit?
when the expenditure is more then the revenue.it means that your spending is more then the amount which you have[revenue]
Distinguish between deficit budget and surplus budget?
The main difference between the fiscal and budget deficit is of time period in consideration.Fiscal Deficit is the Govt. Deficit (Government Expenditures - Government Earnings (excluding borrowings)) for a fiscal year let say 2008-09 while...Budget Deficit is the Govt. Deficit in fiscal year 2008-09 (i.e. fiscal deficit for year 2008-09) plus the past Debt over the Government (i.e. the net sum of all past Fiscal deficit/surplus before fiscal year 2008-09).
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.
What is the relation between fiscal deficit and GDP?
Fiscal Deficit relates to Public Finance wherein the Revenues of the Government from Taxes Investments etc is lesser than the expenditure of the Government. This means that the Expenditures of the Government is more than the revenue the Government gets and it is called fiscal deficit which is met by borrowing from Public or printing currency to meet the Deficit while the GROSS DOMESTIC PRODUCT means the total of goods and services produced by the Country in a year. These goods when valued in money it becomes National Income GDP = C+I+G+(X-M) C stands for consumption by private and Government and Investments private Investments and Government Investments and X stands for exports and M for Imports. The Deficit will affect GDP and if there is more deficit then the GDP will rise as the Government migh t have involved in Plan Expenditures and if it is Non-Plan Expenditure then it will affect the GDP as this expenditure will not bring benefits to the Country.
Why fiscal deficit is good for the country?
Fiscal deficit is said to be good for the country as it helps the country to climb out of a recession.
What is theDifference between fiscal deficit and revenue deficit?
when the expenditure is more then the revenue.it means that your spending is more then the amount which you have[revenue]
What is the Difference between fiscal deficit and revenue surplus?
Budget for a fiscal year is a statement of revenue and expenditure of the government for the particular year. If the expenditure is more than the revenue for a particular year, then this difference is called the fiscal deficit. If the revenue is more than the expenditure for a particular year then this difference is called the excess revenue.
Distinguish between deficit budget and surplus budget?
The main difference between the fiscal and budget deficit is of time period in consideration.Fiscal Deficit is the Govt. Deficit (Government Expenditures - Government Earnings (excluding borrowings)) for a fiscal year let say 2008-09 while...Budget Deficit is the Govt. Deficit in fiscal year 2008-09 (i.e. fiscal deficit for year 2008-09) plus the past Debt over the Government (i.e. the net sum of all past Fiscal deficit/surplus before fiscal year 2008-09).
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.
Explain the difference between capital and revenue items of expenditure and income?
Capital expenditure are those the benefits of which will be taken for more than one fiscal year while for revenue expenditure benefits are only for one fiscal year.
What is the relation between fiscal deficit and GDP?
Fiscal Deficit relates to Public Finance wherein the Revenues of the Government from Taxes Investments etc is lesser than the expenditure of the Government. This means that the Expenditures of the Government is more than the revenue the Government gets and it is called fiscal deficit which is met by borrowing from Public or printing currency to meet the Deficit while the GROSS DOMESTIC PRODUCT means the total of goods and services produced by the Country in a year. These goods when valued in money it becomes National Income GDP = C+I+G+(X-M) C stands for consumption by private and Government and Investments private Investments and Government Investments and X stands for exports and M for Imports. The Deficit will affect GDP and if there is more deficit then the GDP will rise as the Government migh t have involved in Plan Expenditures and if it is Non-Plan Expenditure then it will affect the GDP as this expenditure will not bring benefits to the Country.
Why fiscal deficit is good for the country?
Fiscal deficit is said to be good for the country as it helps the country to climb out of a recession.
What is fiscal consolidation?
Fiscal consolidation is a policy aiming at reducing fiscal deficit of government .
What is primary deficit in a budget?
Primary deficit=Fiscal deficit-[minus] Interest payments
What is the reason for fiscal deficit in India?
The fiscal deficit in India is not fundamentally different from the fiscal deficit in any other country. The public always wants more government spending but they do not want more government taxes. The government attempts to oblige, by borrowing money. The result is a deficit.
Why always Indian have deficit budget?
Indian economy operates at deficit budget because India is a growing economy and a deficit budget alway boosts the economy.Indian economy is a planned economy where the Fiscal budget of total expenditure is always higher than total budget receipts and capital receipts excluding borrowings.
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.
