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Basics Explained: What Is Fiscal Deficit
Basics Explained: What Is Fiscal Deficit
Every time economists sense India is or will be in trouble, the phrase fiscal deficit often pops up. While some experts believe that
fiscal deficit is a positive that helps the country grow, conservatives think otherwise, favoring a balanced budget policy.
Heres a start to understanding what fiscal deficit means and why it really matters to Indias economic wellbeing.