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4) In the light of fiscal policy challenges that India is currently facing, it is said that the Fiscal Responsibility and Budget Management (FRBM) Act needs to get urgently revived and fine-tuned taking into account the ongoing changes in the global and domestic economic and financial order. Discuss why.

Topic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment.

4) In the light of fiscal policy challenges that India is currently facing, it is said that the Fiscal Responsibility and Budget Management (FRBM) Act needs to get urgently revived and fine-tuned taking into account the ongoing changes in the global and domestic economic and financial order. Discuss why. (200 Words)

The Hindu