Fiscal Deficit - Definition - Law Dictionary Home Dictionary Definition fiscal-deficit

Definition :

Fiscal deficit, means the excess of total disbursement from the consolidated fund of the State (excluding repayment of debt) over the sum of revenue receipts, recovery of loans and non-debt capital receipts into the fund during a financial year, Rajasthan Agricultural Produce Markets Act, 2005, s. 2(f).

Means the excess of total disbursements, from the Consolidated Fund of India, excluding repayment of debt, over total receipt into the fund (excluding the debt receipts), during a financial year, Fiscal Responsibility and Budget Management Act, 2003, s. 23(a).

Means excess of total expenditure of State Govern-ment over the total non-debt receipt and thus represents those borrowing requirement, net of repayment during the year which needs to be serviced by way of internet and principal repayment, Maharashtra Fiscal Responsibility and Budgetary Management Act, 2005, s. 2(c).

Means the excess of total disbursements from the consolidated fund of the State (excluding repayment of debt) over total receipt into the fund (excluding the debt receipts), during a financial year, Gujarat Fiscal Responsibility and Budgetary Management Act, 2005, s. 2(c).

Means the excess of total disbursements from the consolidated fund of the State (excluding repayment of debt) over the sum of revenue receipts, recovery to loans and non-debt capital receipts into the fund during a financial year, Rajasthan Fiscal Responsibility and Budgetary Management Act, 2005, s. 2(f).