Question
What is the projected fiscal deficit in the financial
year 2023-24 for Uttarakhand?Solution
Fiscal deficit = Total expenditure – Total revenue (except borrowing) There are three types of deficits in the budget which are called budgetary deficits. Revenue Deficit, Fiscal Deficit and Initial Deficit, Fiscal deficit of Uttarakhand for the year 2023-24 of the country is estimated at Rs 9046.91 crore while the fiscal deficit for the financial year 2022-23 was estimated at Rs 8503.70 crore.
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