Tomorrow, we continue with Economy by Mrunal on Pillar 2D: Disinvestment to Deficit to Budget and Scheme Types (📖 pp. 495–510).
🎯 Targets to Complete
Pillar 2D: Disinvestment to Deficit to Budget and Scheme Types 📊
- Fiscal Consolidation 📉 – Strategies to reduce fiscal deficits and stabilize public finances.
- Fiscal Stimulus 💸 – Government spending/tax cuts to boost economic growth.
- FRBM Act 2003 ⚖️ – Understand the Fiscal Responsibility and Budget Management Act for fiscal discipline.
- Fiscal Federalism 🏛 – Explore division of financial powers between center and states.
- Fiscal Deficit Target for States 📋 – Study deficit limits set for state governments.
- NK Singh FRBM Review Panel 📜 – Learn about the panel’s recommendations for fiscal reforms.
- Freebies Culture 🚨 – Analyze the impact of populist giveaways on fiscal health.
- Types of Budget 📈 – Examine balanced, deficit, and surplus budgets.
- Cash vs Accrual Budgeting 💰 – Compare cash-based and accrual-based budgeting methods.
- Types of Schemes 🛠 – Understand centrally sponsored, central sector, and state schemes.