Fiscal Deficit & GDP Growth Explained with Real-Life Examples | India 2025
Fiscal Deficit & GDP Growth Explained with Real-Life Examples | India 2025 Fiscal Deficit, GDP Growth & India’s Economy Explained – Simple Guide for Every Indian Introduction – Why You Should Care About Fiscal Deficit and GDP Growth Whether you’re a student, entrepreneur, or professional, terms like fiscal deficit and GDP growth rate affect your daily life. From the price of petrol to government subsidies and job availability , these economic factors decide how your wallet feels. Let’s break them down into simple ₹100 examples , real-life India data , and historical events that shaped our economy. What is Fiscal Deficit? (Explained with ₹100 Example) Fiscal deficit is the gap between what the government earns (revenue) and what it spends. ₹100 Example If you earn ₹100 every month but spend ₹120, you have a deficit of ₹20 . You need to either: Borrow ₹20 from friends. Cut back spending. Dip in...