How Fiscal Deficits can be manipulated. Fiscal deficit beautifully explained in 2D animation.

"Jugaad" is an Indian word for improvisation, apt for decoding India's fiscal deficit figures. While a prudent fiscal deficit is considered ideal around 3% of GDP, there are many ways that it can be maintained at that figure and at the same time exceed it by a whopping margin. This video shows you the various methods successive governments have used to keep economists happy. Make sure you see this very interesting video and hear the end limerick.

Sources

Mint
Bae, look how I shrunk the budget; Vivek Kaul; Jan 30, 2020

Economic Times
Fiscal deficit for FY21 pegged at 3.5%; FY20 target eased to 3.8%; Gaurav Noronha; Feb 2, 2020
Sword of Damocles; Gayatri Nayak; Jan 29, 2020
Govt may include off-budget spending for a clearer picture; Deepshikha Sikarwar; Jan 20, 2020

Times of India
Govt must be transparent, reveal real fiscal deficit in Budget: Experts; Surojiy Gupta & Siddhartha; Jan 20, 2020
Wanted: Swachh budget with less fudging; Swaminathan S Anklesharia Aiyar; Jan 12, 2020

India Today
Budget 2020: Why fiscal deficit, debt are set to zoom Dipu Rai January 17, 2020

Business Standard
Budget 2020: Fiscal deficit breached already, won't suggest tightening it, says Abhijit Banerjee; Jan 11, 2020

Why India’s fiscal deficit is worrying and printing more currency is not an option; Devangshu Datta; Mar 01, 2019

The Print
Modi govt likely to slash school education budget by Rs 3,000 crore citing funds crunch; Kritika Sharma; December 9, 2019

Twitter: @bisboworld

[kvsetomossad]

To my own understanding all bisbo videos were fairly make without any political favoritism. Great bisbo 👍🏻

[osh]

I have no background of finance, still I was able to grasp entire video. Excellent work.

[utuberme]

Bisbo is fast becoming my favorite teacher.

[HiteshKumar-youz]

Every state in India has some sort of Fiscal deficit except the Delhi government under Kejriwal their budget has grown from 30000 crores to 60 thousand crores in 5 years no loan borrowed nothing they have reduced taxes in 5 years inspite of reducing taxes, Delhi economy has grown by 8.5% the most profitable state in the country with such high growth lot of lessons need to be taken by the centre from the Delhi government I think you should make a video on that. Delhi government is in surplus that's why the Delhi citizens are able to enjoy the benefits of being a profitable government in the form of getting freebies in Healthcare, education, water and electricity

[nishantstrings]

Wonderful.. it is always a pleasure watching your videos

[ajaypatidar]

Liked the comments,
High salary to unworthy employees, loan waiver to farmer,

[tanishqshukla]

Great portrayal, short and informative. Thanks for your effort in making this

[parveenjangra]

Which softwares you use to make these videos?

[dronefilmmaker]

which soft ware are you using to make this animated videos?

[AvinashTavares]

when banks and corporates are bailed out u forget to mention but when farmers are bailed out, u have a problem.

[saphead-invader]

Bishboo how u get know your source of information. Could you please tell us and thank you sir for your video a proud fan sir

[sambs]

Hell....I dont support of selling of LIC, our own Navratna...

[sumeetsharma]

Truly remarkable video !!!!
Breaking the complex terms into simple language.

[LifeGeneralist]

High interest rates are a big burden for a growing economy like India.
I wonder why RBI doesn't reduce interest rates.
High interest rates also mean that people just invest in 'soft' financial instruments and earn returns while not investing in actual manufacturing or investing in MSME or startups who can actually "Make In India"

[yogiezhil]

Truly admiring BISBO for it's hardwork....You deserve more recognition BISBO...All the best for your future endeavors....👍

[JackK_]

Bisbo,
Is the coronavirus video ready yet?
Pls upload it on this channel

[tamojeetchanda]

Man hats of you Team!! But you should be careful, your lives will be in danger if you come in the eyes of government people.

[abisheks]

Hey bisbo when was the last time india had the surplus budget situation

[laxmansunil]

Once again saying Most underrated channel need 1M subscription ASAP hatsoff to your work

[aryandesai]

Nirmala: Hey Bhagwan iss bar izzat bacha le. Kuch aisa kar ki economy doobne ke bad blame hampar nahi aaye
Le Bhagwan: So shall it be done! (SENDS CORONA)