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Is balanced budget good for india …

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Is balanced budget good for india ?
  • 2 answers

Aaiman Farhin 5 years, 4 months ago

No, because India is a developing country the government must do expenditure for its development. Balanced budget is favourable for developed countries.

Yogita Ingle 5 years, 4 months ago

Balanced Budget – A government budget is assumed to be balanced if the expected expenditure is similar to anticipated receipts for a fiscal year.

It has no effect on the liabilities or the reserves of the government.

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