By Vivek Dubey
CNBC-TV18.com
Published July 23, 2024
India's total budget is ₹48.21 lakh crore, encompassing all planned government expenditures for the financial year.
Revenue receipts contribute ₹31.29 lakh crore, bolstered by an additional ₹78,000 crore from various sources.
The excess of expenditure over revenue results in a fiscal deficit of ₹16.13 lakh crore.
To cover the fiscal deficit, borrowing amounts to ₹16.13 lakh crore, illustrating the government's financing strategy.