State the objectives of the Government Budget. – InterviewSolution

1.

State the objectives of the Government Budget.

Answer»

The major objectives of a Government Budget are as follows:

To re-allocate the resources for better socio-economic progress.
To redistribute the income and wealth and thereby to reduce inequalities through various social security schemes, public works, economic subsidies etc.
To prevent economic fluctuations for maintaining economic stability.
To manage public enterprises efficiently and to have control over monopoly firms and to attain social welfare.

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