Question

The interest payments as per the government budget during the year are rs13500 cr, which is 30% of primary deficit. Calculate fiscal deficit

Answer 1

Explanation:

Since, interest payments which is 13500 crores is 30 % of primary deficit, then the primary deficit is 45000 crores.

Therefore, fiscal deficit = primary deficit + interest payments = 45000 +13500 =58500 crores

Answer 2

58,500 crores.

fiscal deficit= primary deficit + interest payments.

13,500× 100/30= 45000

= 45000+ 13500

= 58,500 crores.