A general understanding of Economic
Policy includes strategies, values and
programmes adopted by a government.
It helps in standardising the economy of
a State/country to include growth,
stability, equity and sustainability. It also
involves outcomes on production,
distribution and consumption of goods
and services which affects individuals,
businesses, and society as a whole. In
short, an Economic Policy includes fiscal,
monetary, trade and development
policies which provides critical lessons
for a government.
https://www.iipa-krb.org.in/admin/uploads/pdf/IIPA-KRB_Newsletter-December_2024.pdf