Indian Economy
Subsidies mean

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

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Indian Economy
Fiscal deficit in the Union Budget means

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

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