What is fiscal deficit and why does it matter for the economy? | Fiscal Policy | Union Budget 2026

Last Updated: Jan 09 2026 | 1:12 PM IST

Fiscal deficit is one of the most important numbers in the Union Budget, yet one of the most misunderstood. In this episode of Budget Basics, we explain what fiscal deficit really means, how it’s calculated, why governments run deficits, and how it directly affects your money, prices, and economic stability.

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