long term fiscal policy was announced by which finance minister
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I think V.P Singh is answer........
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Answer: Finance minister Vishwanath Pratap Singh
Explanation: The long term fiscal policy was announced by Finance minister Vishwanath Pratap Singh . He made this announcement under the Government of Rajiv Gandhi in 1985.
He created a budgetary landmark by introducing a long term fiscal policy. The policy was launched keeping in mind a long term view to tackle the revenue and expenditure of the government.The resource projections were announced during 1987-88 well in three months in advance.
The fiscal policy would also help in providing clarity in the world of budget-making. After a year, during 1986 the figures however revealed that the Government had failed to achieve the goals laid down in the fiscal policy document.
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