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FISCAL DEFICIT
AND
TRADE DEFICIT
P R E S E N T E D BY:
NEHA MEENA PGP31157
HEMENTH PGP
AKASH OBED SINGH PGP
J AYA S S I N G H - F P M 1 7 0 0 7
FISCAL DEFICIT
FISCAL DEFICIT
TRADE DEFICIT
T R AD E D E FI C I T
Of the total expenditure, plan spending was Rs.90,570 crore and non-plan
was over Rs.2.1 trillion. The revenue deficit during the two month was over
Rs.1.99 trillionor 56.2% of the estimates, CGA data showed. For the 201617 year, the government aims to restrict fiscal deficit to Rs.5.33 lakh crore or
3.5% of the GDP.
The trade deficit in India narrowed 38.1 percent year-on-year toUSD 7.67
billionin August of 2016 from a USD 12.4 billion gap a year earlier. Exports
edged down 0.3 percent to USD 21.5 billion, mainly due to oil while nonpetroleum sales which accounted for 88.7 percent of total exports rose 1.79
percent.
Govt. Expenses
Govt. Receipts
Tax Sources
Revenue Expenses
Non-tax Sources
Capital Expenses
Revenue Receipts
Capital Receipts
Comparison of Fiscal
deficit
2015
Fiscal deficit
Countr (As a % of
y
GDP)
USA
-2.5
India
-3.9
China
-2.3
Japan
Norway
-6.5
+6.6
external
sources
(foreign
international organisations etc.)
governments,
Foreign dependence
Government also borrows from rest
of the world, which raises its
dependence on other countries
Inflation
RELATIONSHIP
Fiscal Deficit
High
Spending
or Lower
Fiscal
Deficit
Taxes
Aggregate Demand
Increase in Consumer
Spending
Higher Economic
Growth
& Possibly Inflation
Increase in Import lead to
Trade Deficit
INDIA
INDIA
CHINA
INFLATION