Includes bibliographical references and index.
|Statement||Anand P. Gupta.|
|LC Classifications||HC435.2 .G75|
|The Physical Object|
|Pagination||xiv, 142 p. ;|
|Number of Pages||142|
|LC Control Number||77905437|
India’s employment situation is bad. The current unemployment rate is the highest in the last 45 years. The unemployment among urban youth (age years) is alarmingly high at per cent. The high unemployment rates is but just one of the problems with India’s employment : ET CONTRIBUTORS. Employment Generation The government is inducing every possible effort for increasing employment throughout the country with the help of effective fiscal measure. Direct and indirect employment is one of the outcomes of various investments in the infrastructure of the country. The aim of fiscal policy in India is also to improve and. The financial resources can be mobilised by:– a. Taxation: Through effective fiscal policies, the government aims to mobilise resources by way of direct taxes as well as indirect taxes because most important source of resource mobilisation in India is taxation. b. Public Savings: The resources can be mobilised through public savings by reducing government expenditure and increasing surpluses. There are several component policies or a mix of policies that contribute to the fiscal policy. These include subsidy, taxation, welfare expenditure, etc. Also, there are a certain investment and disinvestment policies and debt and surplus management that contributes to fiscal policies.
Another important merit of Indian fiscal policy is that it is making constant effort to alleviate poverty and unemployment problem through its various poverty eradication and employment generation programmes, like, IRDP, JRY, PMRY, SJSRY, EAS, NREGA etc. Essay # 6. Shortcomings of Fiscal Policy in India. Fiscal policy of India always has two objectives, namely improving the growth performance of the economy and ensuring social justice to the people. The fiscal policy is designed to achieve certain. Fiscal Policy & its Objectives in India Fiscal policy refers to the overall effect of the budget outcome on economic activity. The idea of using fiscal policy to combat recessions was introduced by John Maynard Keynes in the s “Fiscal policy deals with the taxation and expenditure decisions of the government. Fiscal policy, measures employed by governments to stabilize the economy, specifically by manipulating the levels and allocations of taxes and government expenditures. Fiscal measures are frequently used in tandem with monetary policy to achieve certain goals. Learn more about fiscal policy in this article.
The new fiscal policy has favoured reducing fiscal deficits to a certain percentage of GDP ( percent is the EMPLOYMENT SCENARIO IN INDIA Generation of more employment has been one of the major objectives of the development strategy of India. In a country like India where large. India News: With Make in India programme, the government hopes to create million new jobs by giving manufacturing sector a stronger role in domestic job. Fiscal Policies and Gender Equality Historically, women around the world have had fewer opportunities than men in education, employment, health care, and politics. The moral argument for gender equality is clear, and the economic evidence is mounting. Finally, the book looks at the aerospace and other options with India to contain or restrict China. While the USA would like to have a unipolar world, and bi-polar Asia, China wants to have a Bi.