Please can anyone solve this
From the following data about government budget,find a) revenue deficit b)fiscal deficit c)primary deficit
(in crore)
1. plan capital expenditure 120
2. revenue expenditure 100
3. non-plan capital expenditure 80
4. revenue receipts 70
5. capital receipts net of borrowing 140
6. interest payment 30
Dear student,
(a) Revenue deficit = Revenue expenditure - Revenue receipts
= 100 - 70 =Rs 30 crore
(b) Fiscal deficit = Revenue expenditure + Plan capital expenditure + Non-plan capital expenditure - Revenue receipts - Capital receipts net of borrowings
= 100 + 120 + 80 - 70 - 140= Rs 90 crore
(c) Primary deficit = Fiscal deficit - Interest payments
= 90 - 30 = Rs 60 crore
(a) Revenue deficit = Revenue expenditure - Revenue receipts
= 100 - 70 =Rs 30 crore
(b) Fiscal deficit = Revenue expenditure + Plan capital expenditure + Non-plan capital expenditure - Revenue receipts - Capital receipts net of borrowings
= 100 + 120 + 80 - 70 - 140= Rs 90 crore
(c) Primary deficit = Fiscal deficit - Interest payments
= 90 - 30 = Rs 60 crore