Documentos de Académico
Documentos de Profesional
Documentos de Cultura
Western Context
Indian Context
Deficit Financing as an aid
Shot up to 8 % in 2008-2009
Government Expenditure
2007-08(Cr) 2008-09(Cr) 2009-10(Cr)
Employee
compensation 45963 70944 87581
Revenue Receipts
Capital Receipts
Revenue Receipts
Capital Receipts
Government Expenditure
Revenue Expenditure
Capital Expenditure
Revenue Expenditure
Taxation
Public Borrowings
Government Savings
Printing Currency
Sources
Income tax (9%)
Borrowings and other liabilities (34%)
Non-tax revenue (12%)
Service tax and other taxes (5%)
Union Excise Duties (9%)
Customs (8%)
Non-debt capital receipts (1%)
Corporate tax (22%)
Additional Sources
Disinvestment
3 G Auction
Government Expenditure
2004-05 41.5
2005-06 38.2
2006-07 34.6
2007-08 31.6
2008-09(RE) 34.3
2009-10(RE) 36.7
Foreign Sources
Loans
Grants
Private Investments
Deficit Financing and Inflation
Developed Country
Developing Country
– Sudden rise in monetary incomes
– Investment on Capital Goods
– Supply vs. Demand of Consumer Goods
– Industries with long gestation periods
– Velocity of circulation of money
– Credit Creation
Deficit Financing as an Aid
Controlled Liquidity