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Capital Expenditure

“Capital expenditure in the government budget refers to the money allocated for long-term investments in assets such as buildings, infrastructure, equipment, and other fixed assets that are expected to provide economic benefits for many years.” The aim of these expenses […]

Fiscal Deficit in Indian Budgets

The fiscal deficit in 2022-23 is estimated at 6.4% of GDP, which is consistent with the broad path of fiscal consolidation to reach a fiscal deficit level below 4.5% by 2025-26. The fiscal deficit of the government for 2022-23 is […]