What Is The Difference Between Fiscal Deficit And Revenue Deficit? That Is Why They Have Special Importance In The Budget; You Also Know
Fiscal and revenue deficit are explained in the context of the upcoming Union Budget 2026. Fiscal deficit is the difference between the government's total expenditure and income excluding borrowings, which indicates the need for borrowing. Revenue deficit occurs when daily expenses exceed regular income, affecting long-term growth. Both of these are important indicators of a government's fiscal health and discipline, which influence investor confidence and future growth.