Government Fiscal Year 2025. The indian government on tuesday lowered its fiscal deficit target to 4.9% of gdp for the financial year ending march 2025, from 5.1% in the interim budget in february, aided. The government uses fiscal policy to control inflation, generate employment, boost investments, collect revenue, encourage savings, and reduce income inequality, contributing.

This budget envisages sustained efforts on the following 9 priorities for generating ample opportunities for. The theme of this year’s report is “fiscal reforms by states”.