Indian Economy
Gross domestic capital formation is defined as

expenditure incurred on physical assets only
flow of expenditure devoted to increased or maintaining of the capital stock
production exceeding demand
net addition to stock after depreciation

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Indian Economy
The budget deficit means

the excess of total expenditure, including loans, net of lending over revenue receipts
difference between all receipts and all the expenditure
difference between revenue receipts and revenue expenditure
fiscal deficit less interest payments

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