Question

"Under 'Zero defect, Zero Effect' (ZED) scheme, the government of India provides up to 80% subsidy to Mini, Small and Medium Enterprises (MSMEs)." 

Identify and explain the objective of the government budget, highlighted in the above text. 

Answer 1

The budget objectives highlighted in the above text are reaching full employment. The government's budgetary strategy of subsidies incentivises businesses to be self-sufficient, produce more, and create more job opportunities. As in India, the MSME sector provides the most job prospects; supporting them with incentives will help the government reach its aim of full employment.