GS3 · 10 marks · 150 words

Highlighting the factors contributing to a high fiscal deficit in India, discuss the potential consequences of such deficit and suggest measures to ensure fiscal consolidation.

Answered by 1 topper · CSE 2024

Syllabus: Government Budgeting.

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From the one answer · about 170 words.

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More on Fiscal Policy and Budgeting

The Union and State budgets, fiscal deficit, FRBM, off-budget borrowing, counter-cyclical spending, devolution of revenue.

All GS3 questions on Fiscal Policy and Budgeting