revenue expenditure Current Affairs, GK & News
Ministry of Finance recently released its ‘Monthly Economic Review’ report. In the report, Ministry has highlighted that, Fiscal Deficit and Current Account Deficit (CAD) are two key areas of concern for the Indian economy. Findings of the report Monthly Economic Review report noted that, Fiscal deficit has increased, possibly due to cuts in excise duties on ..
Month: Current Affairs - June, 2022
West Bengal government presented budget for Financial Year 2022. It was tabled by chief minister Mamata Banerjee in state assembly on July 7, 2021. Key Points Budget laid emphasis on social-sector expenditure and Covid reliefs. Size of budget for next financial year has been kept at Rs 2,78,727 crore. It has been increased by 28.5% ..
Month: Current Affairs - July, 2021
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
The Interim Budget 2019 has increased the allocations to the Defence Ministry by 6.87 per cent to Rs 3.18 lakh crore against last year’s allocation of Rs 2.98 lakh crore. Allocations to Defence Ministry The Defence Ministry budget outlay includes: Of the total allocation of Rs 3.18 lakh crore, Rs 1,08,248 crore has been set ..
Category: Defence Current Affairs