Fiscal Policy in India and Canada

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Case Details:


Case Code : ECON004 For delivery in electronic format: Rs. 200;
For delivery through courier (within India): Rs. 200 + Shipping & Handling Charges extra


Economics, Politics and Business Enviornment
Case Length : 04 Pages
Period : 1994 - 2002
Pub Date : 2004
Teaching Note : Available
Organization : -
Industry : -
Countries : India, Canada


Fiscal policy can be defined as a government's plan for expenditure, revenues and borrowing to finance fiscal deficits if any. The caselets discuss the fiscal policy measures undertaken by the governments of India and Canada over the years. Caselet 1 discusses why fiscal deficit has been steadily increasing in India and what the government can do to improve its fiscal position. Caselet 2 explains how the Indian government can increase revenues from taxes. Caselet 3 is concerned with the country's external debt position and foreign exchange reserves. It examines whether the foreign exchange reserves should be used to retire external debt. Caselet 4 discusses whether it was right for Canada to go for heavy public debt and the consequences of not being able to contain the same.

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Objectives of fiscal policy

Constituents of fiscal policy

Public expenditure


Public borrowing


Fiscal policy, government, plan, expenditure, revenues, borrowing, finance, fiscal deficits, policy measures , undertaken, governments, India, Canada, fiscal deficit, increase revenues, taxes, external debt, position, exchange reserves, external debt, public debt

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