HPSC Prelims and Mains Notes, HPSC Test Series
Rajasthan : Main Features of budgets The Minister of Finance of Rajasthan, Ms. Vasundhara Raje, presented the Budget for Rajasthan for the financial year 2016-17 on March 8, 2016. The Gross State Domestic Product of Rajasthan for 2016-17 is estimated to be Rs 7,67,167 crore. This is 13.8% higher than the estimates … Read more
Haryana Public Finance and fiscal Policy FISCAL POLICY Fiscal Policy is prepared by Government and consists of various expenditures and revenues. Fiscal policy deals with the revenue and expenditure decisions of the government. The government fiscal policy is used to stabilize the level of output and employment through changes in its expenditure and taxes. The … Read more
Main Features of budgets of Haryana New elements in budget: Present the Budget in terms of revenue and capital classification Classify the allocation of resources into rural and urban categories, wherever feasible, to have clearer view about the fund flow to priority areas Dispense with the Plan and Non-Plan classification of expenditure New Initiatives … Read more
Rajasthan: Public Finance and fiscal Policy Due to creation of huge liabilities in earlier years, State remains into revenue deficit and fiscal deficit also increase to 3.13 per cent of GSDP in the year 2014-15. During 2015-16, there was a revenue deficit of 5,954 crore and fiscal deficit was 9.38 per cent of GSDP (with UDAY … Read more