trade vs fiscal

Group 14Noopur PGP28326

Tarun Singh PGP28327

Meghna Verma PGP28328

Ankita Verma PGP28329

Sandip Murmu PGP28330

OM PGP27

PGP27

PGP27

RELATIONSHIP BETWEEN

TRADE DEFICIT

FISCAL DEFICITand

When a government's total expenditures exceed the revenue

that it generates.

FISCAL DEFICIT

Fiscal deficit of 7.3% from April 2012 to September 2012

Fiscal Deficit

Primary Deficit

Interest Payment

The Primary Deficit is defined as the difference

between current government spending on goods and services and

total current revenue from all types of taxes net of

transfer payment.

The Interest Payment is payment that the government has to

make for all the funds that it has raised, either from public of its own nation or from other

countries.

The fiscal gap, measures the

difference between government

spending and revenues over the

very long term, typically as a

Percentage of Gross Domestic

Product.

OVERVIEW OF DEFICIT

TRADE DEFICIT

Trade deficit is the excess of imports over exports done by any country

IMPORTS

EXPORTS

Trade deficit of 14.7% from April 2012 to September 2012

IMP

OR

TS

EX

PO

RT

S

INDIA’S TRADE BALANCE