Question

Discuss briefly how the government budget can be used as an effective tool in the process of
employment generation

Answer 1

Answer:

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Explanation:

Government budget is a statement of the estimates of the government receipts and government expenditure during the period of the financial year. It reveals fiscal policy of the government, focusing on growth and stability of the economy.

Objectives of the government are-

1) To achieve economic stability

2) Redistribution of wealth and income.

3) High rate of GDP growth

4) Balanced regional growth

Answer 2

Answer:

Government budget can be used as an effective tool in the process of employment generation in various ways. Investment in infrastructural projects like construction of flyovers, bridges, expansion of roads etc.Creates jobs for different sections of the workforce. In rural/urban areas government can provide jobs through various employment generation schemes like MGNREGA, SJSRY, PMRY etc.