Formation of Fiscal Council has been suggested by the Finance Commission as well as by FRBM review committee. Do you agree with the view that the formation of the Fiscal Council will be helpful in portraying the virtue of the fiscal discipline of the government? Give reasons in support of your argument. 10 marks - Civilsdaily

Formation of Fiscal Council has been suggested by the Finance Commission as well as by FRBM review committee. Do you agree with the view that the formation of the Fiscal Council will be helpful in portraying the virtue of the fiscal discipline of the government? Give reasons in support of your argument. 10 marks

Mentor’s comment- https://www.thehindu.com/opinion/lead/do-we-need-a-fiscal-council/article32046204.ece In the intro, briefly mention about the mandate of the council. In the body, you can either agree … Continue reading Formation of Fiscal Council has been suggested by the Finance Commission as well as by FRBM review committee. Do you agree with the view that the formation of the Fiscal Council will be helpful in portraying the virtue of the fiscal discipline of the government? Give reasons in support of your argument. 10 marks