When was the long term fiscal policy announced in india?
Answer»
Finance MINISTER Vishwanath Pratap Singh was announced the long term fiscal POLICY.
He made budgetary history by introducing a long term fiscal policy and through this policy, GOVERNMENT revenue and expenditure was framed with a long term framework.
During 1987-88, the RESOURCE projections have been announced and this PROJECTION was made with three months advance.
Along with this, this fiscal policy will set up a goal of de-mystifying the world of budget-making.