Mains > Economic Development > Budgeting > Fiscal deficit
IN NEWS:
The Gross fiscal deficit (GFD) of states is budgeted to narrow to 3.4% of gross domestic product (GDP) in...
iTips
- For Mains, questions on fiscal consolidation, critical analysis of FRBM Act etc. can be asked in GS 3 (Economic development)
- For Prelims, questions on the basics of economics (FD, RD etc.), FRBM Act etc can be asked.
Mains > Economic Development > Indian Economy and issues > Fiscal deficit
IN NEWS:
The government’s fiscal deficit has widened further to Rs 9.53 lakh crore, which is nearly 120 per ...
iTips
- For Prelims, questions on various types of deficits, components of governments income and expenditure, share of various taxes in India's income etc. can be expected.
- For mains, questions on fiscal deficit, features of FRBM Act, recent changes in them and recommendations of Finance commission can be expected.
Mains > Economic Development > Indian Economy and issues > Fiscal deficit
WHY IN NEWS?
The Union Budget presented in last July expected the fiscal deficit to be 3.3 per cent of the GDP for th...
iTips
- Mains: Fiscal deficit, its analysis, implications and ways to manage the deficit should be known for exam. The points can be used in questions relating to economic growth.
- Prelims: Different types of deficit, FRBM Act and basic data on fiscal deficit are the key areas from the topic.
Preliminary > Economic Development > Indian Economy and Issues > Fiscal deficit
WHY IN NEWS?
The country’s current account deficit (CAD) narrowed to 0.9% of the gross domestic product (GDP) a...