A topper · CSE 2023 · GS3 · 56 pages

Ayush Goel: GS3 answer copy

20 answers by Ayush Goel, as written in the test. Each question opens a page with how other toppers answered it.

The questions

The answers

Question 1 · 10 marks · 87 words written

Fiscal policy can be a key tool to reduce income inequality as well as make the poorest and the downtrodden a part of the country's growth story. Discuss in the context of India.

Opening · a definition

Fiscal policy refers to the policy of Income (Taxable & Non-tax Income) and spending (Revenue expenditure & Capital expenditure) to achieve goals of overall development.

Tool to reduce Income Inequality (SDG 10)

Body · points

  1. Progressive taxation policy to reduce the income disparity

  2. More focus on direct taxes such as wealth tax, Corporate tax and less on indirect tax (GST) → Because indirect tax harm poor the most

  3. Direct benefit transfer to provide minimum level of income

  4. Spending on human development such as education, health, Sanitation

Close · no separate close

None written.