Suppose the government presents a budget where total expenditure is ₹40 lakh crore and the total receipts excluding borrowings are ₹30 lakh crore. Interest payments amount to ₹7 lakh crore. What is the primary deficit?
1
₹3 lakh crore
2
₹10 lakh crore
3
₹7 lakh crore
4
₹13 lakh crore