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Home Knowledge

How are the Reforms and Fiscal Policies Linked ?

A lopsided reform, ignoring social security for its own people, would certainly push the domestic market into turmoil.

India CSR by India CSR
October 13, 2022
in Knowledge
Reading Time: 3 mins read
How are the Reforms and Fiscal Policies Linked ?

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The primary responsibility of a growing economy is to protect every individual to gain and enjoy benefits of an economic reform.


The economic reforms are meant to de-regularte the markets to bring in efficiency and competitiveness in the market. Fiscal policy means the policy relating to public revenue and public expenditure.

The primary responsibility of a growing economy is to protect every individual to gain and enjoy benefits of an economic reform.

A lopsided reform, ignoring social security for its own people, would certainly push the domestic market into turmoil.

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It would further increase disparity among people leading to restlessness and uncertainty.

It’s a common sense that economies thrive in peaceful environment.

Therefore, reforms along with increased spending in social security network systems would ensure sustainable growth in an economy.

From the Book – ‘ Know Everything about Corporate Social Responsibility ‘

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