Expenditure Current Affairs - 2019

Category Wise PDF Compilations available at This Link

India’s Fiscal Deficit Hits Around 115% of FY19 Target

India’s fiscal deficit in the first eight months of FY2018-19 rose to Rs 7.17 lakh crore, hitting around 115% of the budgeted target for the current financial year, breaching the target of Rs 6.24 lakh crore set by the government for the financial year 2018-19. Fiscal Deficit Fiscal Deficit is the difference between total revenue Read More…

Month:  Categories: Business, Economy & Banking

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Public Financial Management System to save interest costs of Government

The Public Financial Management System (PFMS) after implemented on full scale will help Union Government to save a significant amount on interest costs. It will allow the government to monitor and access the more than Rs.1 lakh crore of idle funds lying with it under various heads. Once government access these funds through PFMS, it Read More…

Month:  Categories: Governance & PoliticsGovernment Schemes & Projects

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