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What is meant by fiscal discipline?

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What is meant by fiscal discipline?

Posted by Tanay Ramuka 4 years, 2 months ago

CBSE > Class 12 > Economics

2 answers

Sudarshan Pujari 4 years, 2 months ago

Fiscal discipline refers to the state of balance between revenues and expenditure of the government. It calls for a necessary check on the expenditure in lieu of the limited revenues of the government.

Srishti Jha 4 years, 2 months ago

Fiscal discipline is a state of ideal balance between revenue and expenditure of govt. , in an economy . If fiscal discipline is not maintained,then the govt, expenfiture exceeds the govt, receipts.

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