What is Revenue Deficit?
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What is Revenue Deficit?

What is Revenue Deficit?
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What is Revenue Deficit?

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Revenue Deficit is related to revenue expenditure and revenue receipts of the government.

This does not include items of capital receipts and capital expenditure.

Thus, Revenue deficit is the revenue expenditure over revenue receipts.

Revenue Deficit = Revenue Expenditure - Revenue Receipts

RD = RE - RR, When RE > RR

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