accountability Current Affairs - 2020

India ranks 53rd in Budget Transparency and Accountability

According to the Open Budget Survey conducted by the International Budget Partnership, India ranked 53rd among 117 countries in budget transparency and accountability.

Highlights: World

India scored 49 out 0f 100 in the survey. The score was above the global average of 45. New Zealand scored 87 and topped the list. South Africa, Mexico and Brazil were the other top performers with scores 87, 82 and 81 respectively.

Highlights: India

The survey gave better scores for India for its timely publishing and relevant information in the audit reports. According to the survey, absence of pre-budget statement and mid-year review in the year 2018-19 was the main reason for India to scoreless in the survey.

Suggestions

The survey suggests to maintain high degree of transparency in government finances in order to ensure the public resources are used judiciously. An integrated expenditure information architecture has to be built in every district headquarters. This will help the coordination and management committees at district level to enforce accountability and improve budget transparency

About the Survey

The survey evaluated every country based on their issuance of information to the public in a timely manner. Also, they assessed how far the countries allowed public participation in order to prepare the ranking.

Chhattisgarh Public Financial Management and Accountability Program

The Government of India, the State Government of Chhattisgarh and the World Bank signed a $25.2 Million Loan Agreement to support the State’s Reforms in Expenditure Management under Chhattisgarh Public Financial Management and Accountability Program.

Chhattisgarh Public Financial Management and Accountability Program

  • The reforms encompass Expenditure Planning, Investment Management, Budget Execution, Public Procurement and Accountability.
  • The programme will help the state of Chhattisgarh to strengthen its Direct Benefit Transfer (DBT) and Tax Administration Systems.
  • The programme will build the capacity of the State’s Human Resources and the Institutions Handling Management of Public Finances.
  • The World Bank will also facilitate cross-learning from Public Financial Management (PFM) Reforms undertaken by it in the other Indian States while bringing in global experiences.
  • Improvements in Public Financial Management is a key step for achieving the development potential of the state. Improvements will ensure that the State can invest more and with greater efficiency, for it’s poor and vulnerable.
  • The programme which focuses on IT solutions will benefit almost 11,000 Village Panchayats and 168 Urban Municipalities in the State.

About 92 per cent households in the State of Chhattisgarh belongs to Scheduled Castes, Scheduled Tribes and Other Backward Classes. The Direct Benefit Transfers (DBTs) is being increasingly used by the Central and State Governments to channel resources to households and individuals. The Programme will support the development of systems that will facilitate inter-departmental data interaction under secured protocols and automate most of the processing and payment of DBTs in the State. Thus enhancing the efficiency of the system.