Annual Financial Statement Current Affairs, GK & News

Annual Financial Statement

June 9, 2017

Annual Financial Statement is a documents presented to the Parliament in every financial year as a part of the Budget Process under Article 112 of the constitution of India.  This document comprises the receipts and expenditures of the government of current year, previous year and budget year in three separate parts viz. Consolidated Fund of ..

Paperless Budget: Mobile app launched ahead of Budget 2021

January 25, 2021

The Finance Minister of India, Nirmala Sitharaman, has launched the “Union Budget Mobile App” ahead of the presentation of the Union Budget on February 1, 2021. The mobile app was launched for hassle-free access of Budget-related documents by Members of Parliament (MPs) and the public. The budget will completely be paperless for the first time ..

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RBI announces Special Liquidity Mutual Funds worth Rs 50,000 crores

April 27, 2020

On April 27, 2020, the Reserve Bank of India announced the special liquidity facility for mutual funds of Rs 50,000 crores. The Reserve Bank of India is increasing liquidity flow in capital markets as COVID-19 has imposed liquidity strains on mutual funds. Highlights The Special Liquidity Facility for Mutual Funds (SLF-MF) is to conduct repo ..

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Union Budget Session will begin on February 23

January 22, 2015

The Budget Session of Parliament will begin on 23 February 2015. Railway Budget will be presented on 26 February, while Economic Survey on 27 February. It will be first full-year General Budget of the NDA government under the leadership of Prime Minister Narendra Modi. It will be presented on 28 February 2015. These dates were announced ..

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