During a financial year, a State Government's budgetary accounts reveal the following figures:
- Total Revenue Receipts: ₹2,40,000 crore
- Total Revenue Expenditure: ₹2,85,000 crore
- Total Capital Expenditure: ₹65,000 crore
- Non-Debt Capital Receipts (Recovery of Loans and Disinvestment Proceeds): ₹25,000 crore
- Total Interest Payments on Past Debt: ₹32,000 crore
Based on the given budgetary data, what is the Primary Deficit of the State Government in ₹ crore?
Cevap: 53000 ₹ crore
Cevap
The Primary Deficit of the State Government is ₹53,000 crore.
Primary Deficit is defined as Gross Fiscal Deficit minus Interest Payments. Gross Fiscal Deficit is calculated as Total Expenditure (Revenue Expenditure + Capital Expenditure) minus Total Non-Debt Receipts (Revenue Receipts + Non-Debt Capital Receipts). Substituting the given values: Total Expenditure = ₹2,85,000 crore + ₹65,000 crore = ₹3,50,000 crore; Total Non-Debt Receipts = ₹2,40,000 crore + ₹25,000 crore = ₹2,65,000 crore. Therefore, Gross Fiscal Deficit = ₹3,50,000 crore - ₹2,65,000 crore = ₹85,000 crore. Subtracting Interest Payments of ₹32,000 crore gives a Primary Deficit of ₹53,000 crore.
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Anahtar Kavram
Derivation of Fiscal Deficit and Primary Deficit from public budget aggregates