Download the BYJU'S Exam Prep App for free IAS preparation videos & tests - Download the BYJU'S Exam Prep App for free IAS preparation videos & tests -

What are the purposes of Budgeting?

The purposes or objectives of Budget and Budgetary Policy are as follows:

  • To promote economic growth
  • To reduce income and wealth inequalities
  • To provide employment opportunities
  • To ensure stability in prices
  • To correct the balance of payments deficit
  • To provide for effective administration

Further Reading :

Related Links
Taxation in India Parliament and State Legislature
List of Cabinet Ministers of India, 2021 Indian Polity Notes
List Of Finance Ministers Of India From 1946 To 2019 Finance Commission of India

Comments

Leave a Comment

Your Mobile number and Email id will not be published.

*

*