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India’s Fiscal Policy Overview and Trends by Akash Mahajan is a document available to read on EtoBox.
What is India’s Fiscal Policy Overview and Trends about?
India uses fiscal policy to influence the economy through public expenditure, taxation, and public debt. The objectives of fiscal policy are to mobilize and allocate resources, distribute resources equitably, and stabilize the economy. Government expenditures and taxes are the main instruments of fiscal policy. In recent decades, India has pursued reforms such as introducing the Fiscal Responsibility and Budget Management Act to reduce deficits and simplify the tax structure.
- Author
- Akash Mahajan
- Language
- EN