explain balanced regional growth and objective of budget
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Some of the important objectives of government budget are as follows: 1. Reallocation of Resources 2. Reducing inequalities in income and wealth 3. Economic Stability 4. Management of Public Enterprises 5. Economic Growth and 6. Reducing regional disparities.
Government prepares the budget for fulfilling certain objectives. These objectives are the direct outcome of government’s economic, social and political policies.
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