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International Journal of
Commerce and Economics
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VOL. 3, ISSUE 2 (2021)
An analytical study of fiscal deficit in India (1990-91 to 2020-21)
Authors
Gulshan Kumar
Abstract
Fiscal deficit sphere of Indian Economy present a weak state of affairs. A large fiscal deficit represents high government borrowing along with debt; as a result government has to cut the amount spending on infrastructure facilities, health facilities and other important facilities for the development of the country. High fiscal deficit involves high risk to the economy, which affect the economy adversely. As a result of which, the government has to take some remedial measures to fall down the fiscal deficit of the country. The study is an attempt to analyse the changes in fiscal deficit as a percentage of GDP. The present study examine the growth of fiscal deficit, government expenditure and government revenue in the post-reform period from 1990-91 to 2020-21.
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Pages:23-29
How to cite this article:
Gulshan Kumar "An analytical study of fiscal deficit in India (1990-91 to 2020-21) ". International Journal of Commerce and Economics, Vol 3, Issue 2, 2021, Pages 23-29
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