The Government is running a revenue deficit budget and hence it has to resort to borrowing. But apart from borrowing for revenue expenditure, it also needs to borrow for capex. Thus year after year the Government keeps borrowing and this keeps increasing the debt burden.
This video explains Government debt and how it is used and what can be the implications of debt, if used correctly or is used otherwise.
This video explains Government debt and how it is used and what can be the implications of debt, if used correctly or is used otherwise.
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