Economy
This Is How Govt Gets Its Income
Indian Government’s sources of revenue/Getty Images
When an economist talks about fiscal policy he actually means two things. First is the pattern and quantity of money collected by the government – the revenue side. Second is how much of that money is spent and in which programs – the expenditure side. This video in lucid terms, without using jargon, explains the first part of the equation for the Indian government with data from the recently presented budget.
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