Indian Economy
As per the Prime Minister’s Economic Advisory Council (PMEAC) Economic Outlook 2011-12, Indian economy is expected to expand by:

8.0% in 2011-12
8.5% in 2011-12
7.8% in 2011-12
8.2% in 2011-12

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Indian Economy
Fiscal deficit in the Union Budget means

the difference between current expenditure and current revenue
the sum of budgetary deficit and net increase in internal and external borrowings
net increase in Union Governments borrowings from the Reserve Bank of India
the sum of monetized deficit and budgetary deficit

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