Tomorrow, we advance with Economy by Mrunal on Pillar 2D: Disinvestment to Deficit to Budget and Scheme Types (📖 pp. 465–495).
🎯 Targets to Complete
Pillar 2D: Disinvestment to Deficit to Budget and Scheme Types 📊
- Budget – Capital Receipts 📜 – Understand sources like loans and asset sales funding the budget.
- Budget – Capital Receipts – Disinvestments 💸 – Explore selling government stakes in PSUs for revenue.
- Budget – Capital Part – Expenditure 🏛 – Learn about spending on infrastructure and long-term assets.
- Types of Deficit 📉 – Study fiscal, revenue, and primary deficits in public finance.
- Revenue Deficit, Effective Revenue Deficit ⚖️ – Examine gaps in revenue spending and their adjusted measures.
- Extra Budgetary Resources 💰 – Understand off-budget financing for government projects.
- Debt Composition 📋 – Analyze internal and external debt components in budgeting.
- Financing the Deficit, Negative Consequences 🛑 – Explore borrowing methods and their economic downsides.
- Countercyclical Policy 🔄 – Learn how fiscal measures stabilize economic cycles.
- Automatic Stabilizers 🛠 – Study tools like taxes and welfare that auto-balance the economy.
- Other Terms Related to Deficit Financing 📈 – Cover concepts like monetized deficit and fiscal drag.