{"id":86436,"date":"2020-01-29T15:37:21","date_gmt":"2020-01-29T10:07:21","guid":{"rendered":"http:\/\/factly.forumias.com\/?p=13287"},"modified":"2020-01-29T15:37:21","modified_gmt":"2020-01-29T10:07:21","slug":"fiscal-marksmanship","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/fiscal-marksmanship\/","title":{"rendered":"Fiscal marksmanship"},"content":{"rendered":"\n<p><strong>News:<\/strong>The Government of India\u2019s decision in 2017 to advance the presentation of the Union Budget by February has led to India\u2019s fiscal marksmanship being questioned.<br><\/p>\n\n\n\n<p><strong>Facts:<\/strong><br><\/p>\n\n\n\n<p><strong>About Fiscal marksmanship:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Fiscal marksmanship essentially refers to the accuracy of the government&#8217;s fiscal forecasts such as revenues, expenditure among others.<\/li><li>In the Indian context,the term gained popularity after the then India\u2019s Chief Economic Advisor stressed on fiscal marksmanship in the Economic Survey for the year 2012-13.<\/li><\/ul>\n\n\n\n<p><strong>Significance of fiscal marksmanship:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The main purpose of publicly disclosing the Budget in a democracy and seeking approval from the legislature is to make the policymaking and governance transparent and participatory.<\/li><li>However, if these fiscal forecasts turn out to be way off the mark repeatedly, it will undermine the credibility of the Budget numbers and reflects poor fiscal marksmanship.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News:The Government of India\u2019s decision in 2017 to advance the presentation of the Union Budget by February has led to India\u2019s fiscal marksmanship being questioned. Facts: About Fiscal marksmanship: Fiscal marksmanship essentially refers to the accuracy of the government&#8217;s fiscal forecasts such as revenues, expenditure among others. In the Indian context,the term gained popularity after&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/fiscal-marksmanship\/\">Continue reading <span class=\"screen-reader-text\">Fiscal marksmanship<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3127],"tags":[4006],"class_list":["post-86436","post","type-post","status-publish","format-standard","hentry","category-economy","tag-fiscal-markmanship","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1700137769},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86436","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=86436"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86436\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=86436"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=86436"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=86436"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}