GS3

In the FY 2023 the GOI reported a fiscal deficit of 5.9%. This highlights the increasing trend towards high fiscal deficits.

Answered by 1 topper · CSE 2024

Syllabus: Government Budgeting.

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From the one answer · about 710 words · 100% drew a diagram.

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More on Fiscal Policy and Budgeting

The Union and State budgets, fiscal deficit, FRBM, off-budget borrowing, counter-cyclical spending, devolution of revenue.

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