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Why is Fiscal Policy required (for UPSC CSE)

Lesson 3 of 8 • 882 upvotes • 9:58 mins

Ayussh Sanghi

In this lesson, Ayussh has explained the objectives of fiscal policy. He sheds light on the necessity of fiscal policy for the development of effective mobilisation of resources, efficient allocation of financial resources, reduction in inequalities of income and wealth, price stability and control of inflation, employment generation, and much more.