ISSN 2394-5125
 
2021, Vol: 8, Issue: 8
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    FISCAL POLICY AND ECONOMIC GROWTH IN INDIA: AN EVALUATION OF MODINOMICS (2014-2019) (2020)
    Dr. Rakesh Bhati, Dr. Lakshmi Jasti
    JCR. 2020: 1924-1928

    Abstract

    This research paper examines the impact of fiscal policy on India's economic growth during the Modinomics period from 2014 to 2019. The term "Modinomics" refers to the economic policies and reforms implemented under the leadership of Prime Minister Narendra Modi. The study analyses key fiscal measures such as tax reforms, public expenditure patterns, and fiscal policy and their impact on macroeconomic indicators such as GDP growth, inflation, and employment. By using econometric models and analysing empirical data, the paper aims to provide a comprehensive understanding of how fiscal policy initiatives shaped India's economic development during this period. The findings provide key insights into the effectiveness of fiscal policy as a driver of economic growth and offer policy recommendations to sustain long-term economic development.

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    Volume & Issue

    Volume 7 Issue-2

    Keywords

    Modinomics, fiscal policy, economic growth, India, GDP, tax reforms, public expenditure, budgetary policies, macroeconomic indicators, econometric analysis.
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