MAINS 2013 · GS III · INDIAN ECONOMY

What were the reasons for the introduction of Fiscal Responsibility and Budget Management…

Full UPSC Mains prompt below — written for reading, revision and search.

GS Paper III 10 marks 150 words Indian Economy
Question

Write from the prompt.

What were the reasons for the introduction of Fiscal Responsibility and Budget Management (FRBM) Act, 2013? Discuss critically its salient features and their effectiveness.

Syllabus link: GS III – Government Budgeting: Government Budgeting.

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