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4) Transparency – openness about policy intentions, formulation and implementation – is a key element of good governance. But when it comes to budgetary process in India, it is said that the process is non-transparent. In the light of ‘OECD Best Practices for Budget Transparency’, examine why budgetary process needs to be transparent.

Topic: Government budgeting

4) Transparency – openness about policy intentions, formulation and implementation – is a key element of good governance. But when it comes to budgetary process in India, it is said that the process is non-transparent. In the light of ‘OECD Best Practices for Budget Transparency’, examine why budgetary process needs to be transparent. (200 Words)

The Hindu

OECD