Updated Jan 25, 2021 | 10:46 IST
To increase effective demand in the economy and also economically empower the marginalized populations in rural and urban areas, the following measures are suggested for the forthcoming budget. Representational image
New Delhi: In the context of the ensuing budget presentation on February 1, the size of fiscal deficit, apart from other indicators, will be keenly watched and commented upon by public finance experts. Fiscal deficit, a somewhat technical term, needs to be understood unambiguously to grasp its significance in the annual budgetary exercise.
Fiscal deficit, an internationally used concept, shows the excess of all expenditure, both revenue and capital, over revenue receipts plus non-debt capital receipts. Thus, Fiscal deficit = Total expenditure – (Revenue receipts + Non-debt capital receipts).
Prasada alleged that the BJP and the TMC are interested in taking the focus away from real issues because they want to hide the failures of their governments .
The Congress leader s remarks comes a day after BJP and TMC sought to outdo each other over Netaji Subhas Chandra Bose s 125th birth anniversary celebrations ahead of the Assembly polls this year
New Delhi, January 24
Alleging that the TMC and the BJP are busy in “ego battles”, Congress’ West Bengal in-charge Jitin Prasada on Sunday said the Congress-Left alliance for the up