revenue expenditure Current Affairs, GK & News

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 ..

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Defence Budget 2019

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 ..

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