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In a government budget, the primary deficit is ₹ 12,000 crores and interest payment is ₹ 7,000 crores. How much is the fiscal deficit?

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In a government budget, the primary deficit is ₹ 12,000 crores and interest payment is ₹ 7,000 crores. How much is the fiscal deficit?

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Primary deficit = Fiscal deficit – Interest payment

₹12,000 crores = Fiscal Deficit – ₹ 7,000 crores

Fiscal Deficit = ₹12,000 crores + ₹ 7,000 crores

= ₹ 19,000 crores

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