The document summarizes India's fiscal policy. It discusses the objectives of fiscal policy including resource mobilization, efficient allocation of resources, reducing inequality, and price stability. It outlines the different stances a government can take - neutral, expansionary, or contractionary. It also discusses the instruments of fiscal policy including the budget, expenditures, taxation, and public debt. It provides an overview of the union and state budgets in India.

1. FISCAL POLICY BY PRIYANKA JAIN ANOOP SHARMA

16. STRUCTURE OF BUDGET RECIEPTS EXPENDITURE REVENUE a/c REVENUE FROM TAXES EXPENITURE OF GOV ON ADMINISTRATION CAPITAL a/c MARKET LOAN,INCOME FROM REPAYMENT CAPITAL TRANSACTION OF GOVERMENT

18. BUDGET FINANCIALS 2011

22. Where The Rupee Comes From

23. Where Does The Rupee Goes To

25. Thank You “ We need faster growth because, at our level of incomes, there can be no doubt that we must expand the production base of the economy if we want to provide broad-based improvement in the material conditions of living of our population, .......... But growth alone is not enough if it does not produce a flow of benefits that is sufficiently wide-spread. We, therefore, need a growth process that is much more inclusive, .......... and which also ensures access to essential services such as health and education for all sections of the community”. -Dr. Manmohan Singh, Prime Minister