Fiscal policy involves government spending and taxation to manage the economy, crucial during budget times.
Government uses taxes and spending to stimulate or control the economy, influencing public and business behavior.
Fiscal policy addresses societal issues, improves infrastructure, and rationalizes tax structures to boost the economy.
Governments have used fiscal policy for centuries. Key figures like Keynes advocated increased spending during downturns.
The Indian government faces challenges in balancing infrastructure spending and social welfare without increasing debt.
Track budget announcements related to fiscal policy. Infrastructure and consumption-led sectors might see stock price changes.
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