Fiscal Deficit क्या होता है?
Honey SharmaThe difference between a government’s total revenue and total expenses for a fiscal year is known as the fiscal deficit. When the government spends more money than it brings in within a given fiscal year, there is a fiscal deficit.
Events such as a significant increase in capital expenditures or a revenue deficit might result in a fiscal deficit. It acts as a gauge for the efficiency with which the government is handling its money.
