Recent Amendments to FRBM Act
Navigating the New Landscape: Recent Amendments to the FRBM Act and Their Implications The Fiscal Responsibility and Budget Management (FRBM) Act, enacted in 2003, has been a cornerstone of India’s fiscal policy framework, aiming to ensure long-term fiscal sustainability and macroeconomic stability. However, the evolving economic landscape and the emergence of new challenges have necessitated … Read more