Consider the following statements about Punjab’s revenue deficit in the 2024 - 25 Budget:
1. The revenue deficit is estimated to be Rs. 23,198 crore. 2. It constitutes 3.8% of the state’s GSDP.
3. The revenue deficit has decreased as a percentage of GSDP compared to 2023 - 24.
4. This deficit primarily arises from developmental expenditure in agriculture.
Which of the above statements are correct?
1
1 and 3 only
2
1, 3, and 4 only
3
1, 2, and 3 only
4
2 and 4 only