The Finance Commission of India is a constitutional body established under Article 280 of the…

The Ministry of Finance in India is the central authority responsible for managing the financial…

The budgeting process in India involves several key institutions and bodies that play crucial roles…

Fiscal consolidation refers to policies aimed at reducing government deficits and debt accumulation to ensure…

The Fiscal Responsibility and Budget Management (FRBM) Act was enacted by the Indian government in…

Reducing the fiscal deficit is a critical aspect of fiscal policy aimed at ensuring the…

Deficit financing refers to the methods used by a government to finance its budget deficit,…

A budgetary deficit occurs when a government's total expenditures exceed its total revenues during a…

The Effective Revenue Deficit (ERD) is a fiscal metric introduced to provide a clearer picture…

The primary deficit is a key fiscal indicator that measures the fiscal deficit of a…