revenue deficit Archives - CGPCS Exam Preparation

Budgetary deficit – Revenue, Primary and Fiscal.

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 of India. … Read more

Chhattisgarh Public Finance and fiscal Policy,

State of the Economy:- According to 14th Planning Commision, During the last two plan periods, Chhattisgarh had achieved a growth rate comparable to national level. For the first two years of Twelfth plan, its growth rate had been better than that of all India. Primary sector provides sustenance to nearly 80 per cent of the … Read more