#GS_3
#Economy #Fiscal_policy
The Fifteenth Finance Commission will soon set up a committee to address the issues related to fiscal policy for Centre and States. Read about it.
What is the difference between Fiscal policy and Monetary Policy?
#Economy #Fiscal_policy
The Fifteenth Finance Commission will soon set up a committee to address the issues related to fiscal policy for Centre and States. Read about it.
What is the difference between Fiscal policy and Monetary Policy?
#GS_3
#Economy #Fiscal_Policy
Read what is the difference between Fiscal policy and Monetary policy? Also read why slashing public expenditure amid a recessionis a recipe for serious economic disaster.
#Economy #Fiscal_Policy
Read what is the difference between Fiscal policy and Monetary policy? Also read why slashing public expenditure amid a recessionis a recipe for serious economic disaster.
#GS_3
#Budget #Fiscal_Policy
Syllabus topic of Mains #GS_3: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment
Read what is fiscal stimulus? Also read that in view of current global pandemic, why there is a need to continue the fiscal stimulus to speed up the India's economic healing.
✅ Additional info
Fiscal policy is the use of government revenue collection (mainly taxes but also non-tax revenues such as divestment, loans) and expenditure (spending) to influence the economy.
@prep4upsc
#Budget #Fiscal_Policy
Syllabus topic of Mains #GS_3: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment
Read what is fiscal stimulus? Also read that in view of current global pandemic, why there is a need to continue the fiscal stimulus to speed up the India's economic healing.
✅ Additional info
Fiscal policy is the use of government revenue collection (mainly taxes but also non-tax revenues such as divestment, loans) and expenditure (spending) to influence the economy.
@prep4upsc
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#GS_3
#Economy #Budget #Fiscal_Policy
Syllabus topic of Mains #GS_3: Government Budgeting
The change in fiscal stance is part of a selective departure from market orthodoxy that has marked the government’s economic policy in the last few years. Read what is Fiscal Conservatism/Orthodoxy, Fiscal stimulus and key concerns regarding it. In the wake of current global pandemic, flag-bearers of the Washington Consensus ie. IMF and WB, have been urging a departure from fiscal orthodoxy. Read what is Washington Consensus. Important Article.
@prep4upsc
#Economy #Budget #Fiscal_Policy
Syllabus topic of Mains #GS_3: Government Budgeting
The change in fiscal stance is part of a selective departure from market orthodoxy that has marked the government’s economic policy in the last few years. Read what is Fiscal Conservatism/Orthodoxy, Fiscal stimulus and key concerns regarding it. In the wake of current global pandemic, flag-bearers of the Washington Consensus ie. IMF and WB, have been urging a departure from fiscal orthodoxy. Read what is Washington Consensus. Important Article.
@prep4upsc
#GS_3
#Economy #Fiscal_Policy #Monetary_Policy
✅ Impossible trinity or trilemma in monetary policy means that a country cannot have a fixed exchange rate, free movement of capital and an independent monetary policy at the same time.
✅ Read the nuances of impossible trilemma.
🔗➖@prep4upsc
#Economy #Fiscal_Policy #Monetary_Policy
✅ Impossible trinity or trilemma in monetary policy means that a country cannot have a fixed exchange rate, free movement of capital and an independent monetary policy at the same time.
✅ Read the nuances of impossible trilemma.
🔗➖@prep4upsc
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