Budgetary deficit – Revenue, Primary and Fiscal.
[su_heading size=”21″]Budgetary Deficit[/su_heading] Budgetary Deficit is the difference between all receipts and expenditure of the government, both revenue and capital. This difference is met by the net addition of the Treasury Bills issued by the RBI and drawing down of cash balances kept with the RBI. The budgetary deficit was called Deficit Financing by the government … Read more