{"id":114629,"date":"2021-06-07T11:13:26","date_gmt":"2021-06-07T11:13:26","guid":{"rendered":"https:\/\/www.edristi.in\/?p=114629"},"modified":"2021-06-07T11:13:29","modified_gmt":"2021-06-07T11:13:29","slug":"fiscal-deficit-for-2020-21","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/fiscal-deficit-for-2020-21\/","title":{"rendered":"Fiscal deficit for 2020-21"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Question : How much the fiscal deficit as a percentage of GDP for 2020-21 ?<\/strong><br>a. 9.3 percent<br>b. 9.5 percent<br>c. 9.7 percent<br>d. 8.3 percent<br><strong>Ans. a.<br>Related facts<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Revenue-expenditure data of the Union government for 2020-21 released on May 31, 2021.<\/li><li>Accordingly, fiscal deficit stood at 9.3 percent of the gross domestic product (GDP) in the financial year 2020-21.<\/li><li>It was earlier estimated 9.5 percent by the Finance Ministry in the revised Budget estimates.<\/li><li>The revenue deficit at the end of the fiscal was 7.42 per cent.<\/li><li>In absolute terms, the fiscal deficit works out to be Rs 18,21,461 crore.<\/li><li>For this financial year, the government had initially pegged the fiscal deficit at Rs 7.96 lakh crore or 3.5 per cent of the GDP in the budget presented in February 2020.<\/li><li>The government in the revised estimates in the Budget for 2021-22 forecast a higher fiscal deficit of 9.5 per cent of the GDP or Rs 18,48,655 crore for the fiscal ended in March due to a rise in expenditure on account of the outbreak of COVID-19 and moderation in revenue during this fiscal year.<\/li><\/ul>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><strong>By &#8212; Pankaj Pandey.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Link:<\/strong><br><a href=\"https:\/\/indianexpress.com\/article\/business\/economy\/indian-economy-fiscal-deficit-gdp-covid-surge-7338178\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/indianexpress.com\/article\/business\/economy\/indian-economy-fiscal-deficit-gdp-covid-surge-7338178\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question : How much the fiscal deficit as a percentage of GDP for 2020-21 ?a. 9.3 percentb. 9.5 percentc. 9.7 percentd. 8.3 percentAns. a.Related facts Revenue-expenditure data of the Union government for 2020-21 released on May 31, 2021. Accordingly, fiscal deficit stood at 9.3 percent of the gross domestic product (GDP) in the financial year [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":114630,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[2338],"class_list":["post-114629","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enew","tag-economics"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/114629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=114629"}],"version-history":[{"count":1,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/114629\/revisions"}],"predecessor-version":[{"id":114631,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/114629\/revisions\/114631"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/114630"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=114629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=114629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=114629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}