Budget: GK, General Studies and Current Affairs

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 ..

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 for the people of Delhi. Under this scheme, health ID cards will be prepared and ..

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 hospitals all over the country. What is the Ex-Servicemen Contributory Health Scheme (ECHS)? The ECHS ..

New index to Assess Quality of Central and State Budgets

The Confederation of Indian Industry (CII) has come out with a Fiscal Performance Index to assess the quality of budgets presented by the Centre and state governments. Fiscal Performance Index Fiscal Performance Index (FPI) is an innovative tool which uses multiple indicators to examine the quality of Budgets at the Central and State levels. It ..

Ministry of Finance starts ‘Know Your Budget’ on Twitter to educate general public about budgetary process

The Union Ministry of Finance has started ‘Know Your Budget’ fortnight series on its Twitter handle to educate general public about the budgetary process. The series would explain the importance of Union Budget and its making, and would continue for about a fortnight. In the first series of tweets, the Ministry explained the terms – ..