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Best Practices in Budget survey

Topics Covered:

  1. Transparency related issues.
  2. Government Budgeting.

 

Best Practices in Budget survey

 

What to study?

For Prelims and Mains: Highlights and significance of the survey and scope for development and reforms.

 

Context: The Transparency International conducted a survey to analyse the best practices followed by the states in the Budget Formulation.

The survey was based on 4 parameters which include public disclosure, budgetary process, post-budget fiscal management and efforts to make the budget more transparent and citizen-friendly.

 

Highlights of the Survey:

  • The top slot in the survey was occupied by Assam. Assam was followed by Andhra Pradesh and Odisha.
  • Meghalaya, Manipur and Punjab figured in the bottom list.
  • Assam is the only state out of the 29 states and 2 UTs, which has published a Citizens Budget in the public domain. Also, the government of Assam is the only government that has conducted budget awareness campaigns across 17 districts.

 

Transparency International:

  1. An international non-governmental organization based in Berlin, Germany.
  2. Founded in 1993 by a group of individuals who decided to take up a stance against corruption.
  3. The Corruption Perception Index is the most widely used indicator of corruption worldwide.

 

Sources: the hindu.