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INSTITUTE OF PROFESSIONAL & EDUCATION RESEARCH (IPER)

PRESENTATION ON

FISCAL POLICY
Presented by:
Namrata Bajpai (28) Aradhana Gupta (33) Vineet K. Singh (38) Binoy Philip (43) Varsha Nair (48) (Group no. 08)

CONCEPT OF FISCAL POLICY


Traditional view on Fiscal Policy

Modern view on Fiscal Policy


INSTRUMENTS OF FISCAL POLICY: Budget Taxation Public Expenditures Public Debts Pubic Works

FISCAL POLICY IN INTERNATIONAL SCENARIO


IN RESPECT TO ASIAN COUNTRIES: CHINA JAPAN

Indian fiscal policy


Fiscal deficit - 5.9 to 2.7 per cent of GDP Implementing the Sixth Central Pay Commission Fiscal policy to be shifted to providing growth stimulus Government had two policy options cut expenditure increase public expenditure

CHALLENGES &ISSUES
Decline in Food Production
Balance of payment Interest rates External capital for Corporate sector Disinvestments in Public Companies

RECOMMENDATION
Recovery process in major sectors India faces many important structural challenges Current fiscal policy recognized as unsustainable Unproductive outlays on subsidies transfers excessive compensation and employment

THANK YOU

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