Keeping With The State Finances, India- Fiscal And Revenue Deficit

For 2022-23, the States have budgeted a consolidated Gross Fiscal Deficit (GFD) of 3.4 per cent of GDP. GFD is the excess of total expenditure including loans net of recovery over revenue receipts (including external grants) and non-debt capital receipts.

Keeping With The State Finances, India- Fiscal And Revenue Deficit
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