Economy, asked by arumughan7650, 1 year ago

Factors responsible for increasing fiscal deficit in india

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Answered by Anonymous
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Answer : Increase in Subsidies. The government has been providing subsidies on a number of items such as fertilizers, exports, food items, etc. Payment of Interest. Defence Expenditure. Poor Performance of Public Sector. Excessive Government borrowings. Tax Evasion. Weak Revenue Mobilisation. Huge Borrowings.

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