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Budget 2026: What is the primary deficit and why it tells the Budget’s real story

Last Updated: Jan 30 2026 | 9:08 PM IST

In this episode of Budget Basics, we break down one of the most important, but least understood, budget terms: Primary Deficit. What does it really say about a government’s finances? Why do economists track it so closely? And why should you care as a taxpayer and voter?

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