Indian Economy
The budget deficit means

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

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Indian Economy
Gross domestic capital formation is defined as

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

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