You would have heard the term fiscal deficit tossed around a lot before, during and after the Union Budget. But what does the word mean? And why is it important? Aarati Krishnan, Editorial Consultant of The Hindu BusinessLine explains in detail.
14 February 2018 15:08:53 IST
Jargon Express: Fiscal Deficit
Why was there such an uproar when the fiscal deficit was announced to by 3.5% for FY18?