Transparency International Current Affairs - 2019

Category Wise PDF Compilations available at This Link

Best Practices in Budget Formulation

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

About the Survey

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. The findings of the survey are:

  • The top slot in the survey was occupied by Assam.
  • Assam was followed by Andhra Pradesh and Odisha in the ranking of best practices followed by states in the Budget formulation.
  • Meghalaya, Manipur and Punjab figured in the bottom list.
  • The report notes that 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

Transparency International is an international non-governmental organization based in Berlin, Germany. Founded in 1993 by a group of individuals who decided to take up a stance against corruption, today from villages in rural India to the corridors of power in Brussels, Transparency International gives voice to the victims and witnesses of corruption. The Corruption Perception Index of Transparency International is the most widely used indicator of corruption worldwide.

Month: Categories: Business, Economy & BankingUPSC

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Corruption Perception Index 2018

The Transparency International’s Corruption Perception Index make the following observations:

  • Denmark is the world least corrupt country scoring 88 out of 100 points. Denmark is followed by New Zealand and Finland.
  • Somalia has been ranked last with a score of 10 behind South Sudan and Syria.
  • More than two-thirds of evaluated countries scored below 50 points, while the average score remained at last year’s level of only 43 points.
  • Estonia, Cote d’Ivoire, Senegal and Guyana demonstrated most improvements since 2012.
  • The 2018 rankings showed an increase in the perceived corruption in Australia, Chile and Malta.
  • For the first time since the United States dropped out of the top 20 and it was ranked at 22nd rank.
  • Along with Brazil, US was placed in the watch list by Transparency International.

Top and Bottom Countries

Region Wise Performance

The report highlights a connection between healthy democracies and successfully fighting corruption in the public sector and notes that corruption is much more likely to flourish where democratic foundations are weak.

Month: Categories: NationalReports & Indices

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