Fiscal Policy Meaning

>> August 12, 2011

I have already explained fiscal policy. Today, I am trying to more simplify its meaning.

"Fiscal policy is that policy which is made by Govt. of any country. It is just like direction of Govt. about how will it collect revenue and how will it use this revenue. It is different from Govt. Budget. Govt. budget is just like estimation of one year expenditures and incomes but fiscal policy is planning to increase revenue of Govt. and decrease the expenditures. But one point is remembered that Govt. may not reduce all type of expenditures.So, paying important and necessary expenditures, it issues new currency notes. How much new notes will be issued? Its planning also includes in fiscal policy."

Post a Comment

About website

An educational site with 2,000+ articles, solutions, video-guides and tutorials .

Get Update on Mobile

Type svtuition.org in your mobile phone web browser for free access anytime, from any place.The content is designed specifically for cell phones and mobile devices.

Contact Us

Email : vinod@svtuition.org

Phone : +91-8557888436

Send an Email
Phone number and vCard
LinkedIn profile
Follow us on twitter