REVENUE-CAPITAL DIVIDE. Effective revenue deficit is intended to cure the distortions caused by large-scale transfers to other entities for the creation of capital assets (which must necessarily ...

The Finance Minister, Mr K. M. Mani, has joined his counterparts in introducing the concept of ‘effective revenue deficit' (ERD) in the State Budget. This is based on an accounting treatment ...

The Effective Revenue Deficit, which is the revenue deficit less grants for creation of capital assets, was budgeted at Rs 2,05,182 crore in 2013-14 i.e. 1.8% cent of GDP.

In absolute terms, the fiscal deficit would be Rs 16,85,494 crore against Rs 17,34,773 crore for the current fiscal. At the same, the effective revenue deficit would be 1.8 per cent in the current ...

What has India's fiscal deficit been like in the past? India's fiscal deficit, which stood at 4.5% of its GDP in the financial year 2013-14 kept gradually reducing up to 2019-20, when it rose to 4 ...

FY24 fiscal deficit and FY25 target. CGA data also showed that revenue deficit during FY24 was 2.6 per cent of the GDP and effective revenue deficit was 1.6 per cent.

The CGA report indicates a revenue deficit of 2.6 percent and an effective revenue deficit of 1.6 percent. Looking ahead to FY25, the government anticipates a fiscal deficit of 5.1 percent of the ...

In actual terms, the fiscal deficit — or gap between expenditure and revenue — was ₹16.53 lakh crore, or 5.63% of the GDP, which grew 8.2% in 2023-24 June 5, 2025 e-Paper LOGIN Account ...

Tamil Nadu Minister for Finance Thangam Thennarasu on Wednesday told the Assembly that the revenue deficit to Gross State Domestic Product (GSDP) ratio has been reduced from 3.28% in 2020-21 to 1. ...

The Union Budget 2024 may set ambitious fiscal deficit targets with India's fiscal and revenue deficit shooting up during the pandemic and calming down since. Monday, Jun 23, 2025 New Delhi o C ...