TNPSC Thervupettagam

Best Budget formulation Practice

February 7 , 2019 1993 days 677 0
  • As per the survey of Transparency International, Assam occupied the top slot in the ranking of best practices followed by states in Budget formulation.
  • It is followed by Andhra Pradesh and Odisha.
  • Meghalaya, Manipur and Punjab figured in the bottom list.
  • This survey is based on following 4 parameters
    • public disclosure,
    • budgetary process,
    • post budget fiscal management,
    • efforts to make budget more transparent and citizen friendly.
  • Assam is the only state out of the 29 states and 2 UTs, which has published a Citizens Budget in the public domain.
  • Assam government is the only government that has conducted budget awareness campaigns across 17 districts.

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