Indian Economy
Fiscal deficit in the Union Budget means

net increase in Union Governments borrowings from the Reserve Bank of India
the difference between current expenditure and current revenue
the sum of monetized deficit and budgetary deficit
the sum of budgetary deficit and net increase in internal and external borrowings

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Indian Economy
One of the reasons for India's occupational structure remaining more or less the same over the years has been that

people are largely unaware of the significance of transition from agriculture to industry for econom
ceiling on land holdings have enabled more people to own land and hence their preference to stay wit
investment pattern has been directed towards capital intensive industries
productivity in agriculture has been high enough to induce people to stay with agriculture

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Indian Economy
Subsidies mean

payment made by companies to shareholders
payment by government for purchase of goods and services
payment made by the government to business enterprises, without buying any goods and services
payment made by business enterprises to factors of production

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