Govt spends a lot more than it earns

Govt spends a lot more than it earns

Indian government is spending more than what it earns from non-debt sources, resulting in a gross fiscal deficit every year

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Mudit Kapoor
  • Jan 31, 2021,
  • Updated Jan 31, 2021 12:44 PM IST

The government spends more than what it earns from non-debt receipts, resulting in a ballooning gross fiscal deficit

The government spends more than what it earns from non-debt receipts, resulting in a ballooning gross fiscal deficit

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