fiscal policy

the policy formulated in related to the government revenues with the view of enhancing the economic development by increasing, employment and leading the whole economy forward are known as fiscal policies. since development of monetary and capital market of the developing and poor countries is negligible, the monetary policy undertaken by the central bank for the economic development cannot be successfully implemented. for this the government has to implement appropriate policy. with this as the central view and to improve the state of the economy, the government will formulate fiscal policy. so, the policty undertaken by the government for the managemant of government revenue, expenditure and lone to enhance economy stability and economic development in the economy is known as fiscal policy. the main objective of this is to establish economy stability in the economy by increasing output and employment as monetary policy undertaken by the central bank. the government undertakes verious fiscal policies in order to make economic policies successful. various revenues, public expenditures and lones come under the fiscal policy undertaken by the government. with proper adjustment of such fiscal factors. output, employment, income,etc. can be increase in the economy