Indian Economy
Gross domestic capital formation is defined as

production exceeding demand
flow of expenditure devoted to increased or maintaining of the capital stock
expenditure incurred on physical assets only
net addition to stock after depreciation

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Indian Economy
The budget deficit means

difference between revenue receipts and revenue expenditure
the excess of total expenditure, including loans, net of lending over revenue receipts
fiscal deficit less interest payments
difference between all receipts and all the expenditure

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