Open Budget Survey ranks India at 53rd Position

The recently released Open Budget Survey ranked India at the 53rd position with a score of 49 out of 100. Open Budget Survey The Open Budget Survey, published by International Budget Partnership, covers 117 countries to score and rank them ..

India ranks 53rd in Budget Transparency and Accountability

According to the Open Budget Survey conducted by the International Budget Partnership, India ranked 53rd among 117 countries in budget transparency and accountability. Highlights: World India scored 49 out 0f 100 in the survey. The score was above the global ..

Month: Current Affairs - May, 2020

Delhi Government presents its budget

The Delhi Government has recently presented its budget in the Assembly. The Deputy Chief Minister of Delhi Manish Sisodia presented the first budget of the AAP government’s second term. The government of Delhi announced the ‘Mukhya Mantri Health Card’ scheme ..

Parliamentary Panel: More than 40% of schools are without power and playgrounds

A Parliamentary panel set up on education submitted its report to Rajya Sabha on 2020-21 demand for grants. The report said that shortfalls in budget funds has led to critical infrastructure gaps. Key findings of the report The Panel in ..

Month: Current Affairs - March, 2020

RBI Syncs Financial Year with the Fiscal Year

On February 15, 2020, the board of Reserve Bank of India (RBI) decided to sync the Financial year of the bank with the Fiscal Year. The Fiscal Year begins in April and ends in March and the Financial year is ..

Month: Current Affairs - February, 2020

Budget 2020: Financial Sector

The Budget 2020-21 has been framed on the basis that Governance and Finances are the two major hands in achieving the three themes of the budget. The three themes include aspirational India, Economic Development and Caring India The Budget has ..

Month: Current Affairs - February, 2020

Budget 2020: 2.83 lakh Crore Rupees allocated to Agriculture and Rural Development

The Finance Minister Nirmala Sitaraman presented the Budget 2020-21 on February 1, 2020. The Minister has allocated Rs 2.83 lakh crore rupees for the agriculture and rural development sector. The Government aims to liberalize farm markets, remove distortions in livestock ..

Month: Current Affairs - February, 2020

Budget 2020-21 presented by Finance Minister: The Themes, GST Reforms

The Finance Minister Nirmala Sitaraman presented the Budget 2020-21 on February 1, 2020. The budget focused on enhancing purchasing power of citizens and boosting their incomes. It has also given importance to technology and innovation to increase employment of the ..

Month: Current Affairs - February, 2020

Cabinet approves new strategic disinvestment process

On 4th October, 2019, Cabinet approved new process of strategic disinvestment to privatize selected PSUs – Public Sector Units. The process was approved by PM Modi under which DIPAM – Department of Investment and Public Asset Management operating under Ministry ..

Month: Current Affairs - October, 2019

Ex-Servicemen Contributory Health Scheme (ECHS)

The ECHS is a government-funded scheme which aims to provide high quality and improved facilities for healthcare to the various Ex-Servicemen Pensioners and their associated dependents via a network of ECHS Polyclinics, Service medical facilities, and Empanneled Civil & Govt ..