Contingency Fund
Avalokana Software launched in Karnataka
The Karnataka Chief Minister B S Yediyurappa recently launched Avalokana software. The software will enable the state government to access data on expenditures and sanctions incurred on 1,800 programmes. Avolokana software It is a transparent e-governance tool that will provide ..
Tags: avalokana software • Consolidated Fund of India • Contingency Fund • E-governance • Karnataka
Month: Current Affairs - January, 2021
RBI Surplus Transfer to Government
The Reserve Bank of India (RBI) has decided to transfer Rs 1.76 lakh crore to the Central government from its own reserves. RBI Reserves The following three funds of RBI constitute the Reserves. They are: Currency and Gold Revaluation Account (CGRA), ..
Tags: Contingency Fund • Economy of India • Finance • Modi administration • Public Sector
Bimal Jalan Panel on Economic Capital Framework
The Reserve Bank of India (RBI) has set up an expert committee, headed by its former governor Bimal Jalan, to suggest how the central bank should handle its reserves and whether it can transfer its surplus to the government. The committee ..
Tags: Bimal Jalan • Contingency Fund • Core Reserve • RBI • Revaluation Reserve