Article 148 Current Affairs, GK & News

CAG report on the Fiscal Responsibility and Budget Management: Key Facts

The CAG report on Fiscal Responsibility and Budget Management has been tabled in the parliament. The important observations made in the report are: CAG recommends the government to frame a policy on off-budget financing and sources of such funding in view of its fiscal implication. The off-budget financial arrangements defer committed liability (subsidy arrears/bills) or ..