Find budget deficit from the following data:
Items (Rs in crore)
(i) Revenue receipts 40,000
(ii) Revenue expenditure 30,000
(iii) Capital receipts 30,000
(iv) Capital expenditure 50,000
Budget Deficit
= (Revenue expenditure + Capital expenditure) - (Revenue receipts + Capital receipts)
= (Rs. 30,000 crore + Rs. 50,000 crore) - (Rs. 40,000 crore + Rs. 30,000 crore)
= Rs. 80,000 crore - Rs. 70,000 crore
= Rs. 10,000 crore
Budget deficit = Rs. 10,000 crore