Question

What is fiseal deficit?Why is it better measure of deficit compared to budgetory deficit​

Answer 1

shows the borrowing requirements of the government during the budget year.

i hope it is helpfull

:D

Answer 2

Answer:

The difference between total revenue and total expenditure of the government is termed as fiscal deficit. It is an indication of the total borrowings needed by the government. While calculating the total revenue, borrowings are not included.

Fiscal deficit shows the borrowing requirements of the government during the budget year. Greater fiscal deficit implies greater borrowing by the government. The extent of fiscal deficit indicates the amount of expenditure for which the government has to borrow money.