Budget Current Affairs, GK & News

Rajasthan Government Presents First Paperless Budget

The Chief Minister of Rajasthan, Ashok Gehlot, led Congress government presented its third state budget and the first paperless budget on February 24, 2021 in the state assembly. The Chief minister holds the finance portfolio and he finalised the budget on February 23, 2021. Rajasthan Legislative Assembly The state legislative assembly of Rajasthan is the ..

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Union Budget 2021-2022- Summary

The 2021-22 Union Budget was presented amid the COVID-19 pandemic on February 1, 2021. Since the 2020 budget, the Indian economy have reduced from 2.24 lakh crore nominal GDP to Rs 1.94 lakh crore. This reduction in the size of the economy was due to the lower revenue growth and higher expenditure in the year ..

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Central Investment Clearance Cell

The Government of India recently announced that the Central Investment Clearance Cell is to be launched by April 2021. The Centralised Investment Clearance Cell was announced as an integral part of the single window system. The Single Window System is being worked out by Ministry of Commerce and Industry. The idea of establishing Central Investment ..

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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 based on the level of budget transparency. The countries are scored on a scale of ..

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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 average of 45. New Zealand scored 87 and topped the list. South Africa, Mexico and ..

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