FRBM Act Current Affairs, GK & News
Uttar Pradesh: FRBM Ordinance, 2020
On June 22, 2020, the Uttar Pradesh Government announced that it will bring in an ordinance, “UP Fiscal Responsibility and Budget Management”, FRBM Ordinance, 2020. This is the second amendment being made to the act by the state government under CM Yogi Adityanath. Highlights By making the amendment, the Uttar Pradesh State Government will be ..
Month: Current Affairs - June, 2020
Category: Economy & Banking Current Affairs - 2022
Topics: Economic development • fiscal deficit • FRBM Act • GDP • Nirmala Sitharaman • Uttar Pradesh • Yogi Adityanath
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 ..
Topics: Budget • Capital Expenditure • CII • Confederation of Indian Industry • fiscal deficit • Fiscal Performance Index • fiscal prudence • FPI • FRBM Act • GDP • Human Development Index • interest payments • Pensions • revenue deficit • revenue expenditure • Subsidies • UNDP