Question

Explain the various measures to control budgetary deficit.​

Answer 1

Answer:

Measures to Reduce Government Deficit

Increased emphasis on tax-based revenues and appropriate measures to reduce tax evasion. Reduction in subsidies by the government will also help reduce the deficit. Try and avoid unplanned expenditures. Borrowing from domestic sources.

Answer 2

Answer:

Measures to Reduce Government Deficit

Increased emphasis on tax-based revenues and appropriate measures to reduce tax evasion. Reduction in subsidies by the government will also help reduce the deficit. Try and avoid unplanned expenditures. Borrowing from domestic sources.

Different policies to reduce a budget deficit

#Cut government spending. The government can cut its public spending to reduce its fiscal deficit. ...

#Tax increases. Higher taxes increase revenue and help to reduce the budget deficit. ...

#Economic growth. ...

#Bailout. ...

#Default. ...