revenue deficit Current Affairs, GK & News
Revenue Deficit
If total Revenue receipts are more than total revenue expenditure, it is called revenue surplus. If the total revenue receipts are less than total revenue expenditures, it is called Revenue Deficit. Implications of Revenue Deficit and Revenue Surplus on Economy Revenue expenditures are a consumptive kind of expenditures and that is why the Governments try ..
Finance Ministry releases Revenue Deficit Grant To 17 States
Union Finance Ministry has released fourth monthly instalment of revenue deficit grant of ₹ 9,871 crore to 17 states. Highlights With this release, Centre has released a total of ₹ 39,484 crore to all eligible states as revenue deficit grant in financial year 2021-2022. Andhra Pradesh, Haryana, Assam, Himachal Pradesh and Karnataka are among 17 ..
Month: Current Affairs - July, 2021
Category: Economy & Banking Current Affairs
Topics: 15th Finance Commission • Post Devolution Revenue Deficit Grant • revenue deficit • Union Finance Minister of India
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