FRBM Act 2003 | Fiscal Responsibility | Budget Management | NCERT Economics for UPSC, SSC, State PSC

Fiscal Responsibility | Budget Management | FRBM Act 2003 | NCERT Economics for UPSC, SSC, State PSC

In this video, learn everything about the Fiscal Responsibility and Budget Management (FRBM) Act, 2003, an essential topic for UPSC aspirants. We’ll cover its objectives, provisions, and the significance of ensuring fiscal discipline in India. Understand key concepts like fiscal deficit, revenue deficit, and amendments to the FRBM Act. We’ll also discuss challenges in implementation and their relevance for governance and the economy. This comprehensive guide will help you prepare for both Prelims and Mains, focusing on Polity and Economy.

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