India Aims to Trim Budget Gap to 5.9% of GDP in FY2024

The video discusses the financial estimates for 2023-24, including total receipts, expenditure, and fiscal deficit. It outlines the government's commitment to fiscal consolidation, aiming to reduce the fiscal deficit to below 4.5% by 2025-26. The video also details the financing of the fiscal deficit through market borrowings and other sources.

What are the estimated total receipts other than borrowings for 2023-24?

• 23.3 lakh crores

• 27.2 lakh crores

• 45 lakh crores

• 11.8 lakh crores

What is the estimated fiscal deficit as a percentage of GDP for 2023-24?

• 4.5%

• 6.5%

• 5.9%

• 3.9%

By which year does the government plan to reduce the fiscal deficit to below 4.5%?

• 2026-27

• 2023-24

• 2025-26

• 2024-25

What is the estimated amount for net market borrowings from dated securities in 2023-24?

• 11.8 lakh crores

• 27.2 lakh crores

• 23.3 lakh crores

• 15.43 lakh crores

What is the estimated amount for gross market borrowings in 2023-24?

• 27.2 lakh crores

• 45 lakh crores

• 15.43 lakh crores

• 11.8 lakh crores