Question
What is the target of fiscal deficit as a percentage of
the GDP, for FY24-25, as per the Union Budget 2024-25? ÂSolution
- Fiscal Deficit: Estimated at 4.9% of GDP Â
- Total Receipts (excluding borrowings): Estimated at ₹32.07 lakh crore. Â
- Total Expenditure: Estimated at ₹48.21 lakh crore. Â
- Net Tax Receipts: Estimated at ₹25.83 lakh crore. Â
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