Fiscal Deficit: Meaning and Concept

The term Revenue deficit and fiscal deficit are being used in the Government of India Budget since the fiscal year 1997-98. Fiscal deficit is the difference between total expenditure and total revenue receipts including recoveries of loans and other receipts. Fiscal Deficit = Total Expenditure – (Revenue Receipts + Recoveries of Loans + Other Receipts) […]

Macroeconomic Vulnerability Index

India has emerged as a strong and stable economy and presents a favourable investment destination to the world. It has withstood many financial upheavals since the 2013 US tapering scare. Indian economy had to deal with huge Current Account Deficit and inflation. On top of it, the US taper announcements placed it among the Fragile […]