Andhra Pradesh Revenue Deficit Breaches Budget Estimate

Imagine Andhra Pradesh had a budget for the whole year, but in just the first few months, they spent more money than they planned to earn.

The state's spending is much higher than the money coming in, creating a 'revenue deficit'.

This deficit is already bigger than what they expected for the entire year.

The state is now short on money, which means they might need to borrow from others or ask the central government for help to cover its expenses.

In the same period, the state also has a fiscal deficit, which measures how much the state is in debt.