Question

discuss the fiscal reforms undertaken in 1991​

Answer 1

Explanation:

Some of the important policy initiatives introduced in the budget for the year 1991-92 for correcting the fiscal imbalance were: reduction in fertilizer subsidy, abolition of subsidy on sugar, disinvestment of a part of the government’s equity holdings in select public sector undertakings, and acceptance of major recommendations of the Tax Reforms Committee headed by Raja Chelliah.

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Answer 2

Answer:

some of the important policy initiatives introduced in the budget for the year 1991-1992 for correcting the fiscal Imbalances were :-

reduction in fertilizer subsidy , abolition of subsidy on sugar , disinvestment of a part of the government's equity holding in select public sector undertakings and acceptance of major.