Answer
4.3%
Explanation
The government has set a target to bring down the fiscal deficit to 4.3 percent of the GDP.
Key Points
- > Fiscal Deficit Target: 4.3%
- > Total Budget Expenditure: 53.5 lakh crore
- > Base Year Change: 2022-23
Additional Information
- The budget is presented by the Union Finance Minister.
- It is called the 'Annual Financial Statement' in Article 112 of the Constitution.
- Reducing the deficit is essential to maintain financial discipline.
| Subject | Statistics |
|---|---|
| Fiscal Deficit | 4.3% |
| Total Expenditure | 53.5 lakh crore |