What is the main objective of India's fiscal policy?
Economic growth and stability
Fiscal policy refers to the government's use of taxation and public expenditure to influence the economy.
Its main objective in India is to promote economic growth while maintaining stability, along with goals such as reducing inequality, generating employment and controlling inflation.
Reducing foreign trade, raising the fiscal deficit, and increasing inflation are undesirable outcomes and are not objectives of fiscal policy.
Hence, the main objective of India's fiscal policy is economic growth and stability.
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