Vision IAS has released its weekly magazine Govt Budget - What, Why and How, Candidates can read this magazine for subject General Studies Paper 2, 3 and for Essay.
Vision IAS Weekly Magazine Govt Budget - What, Why and How for UPSC Civil Services Mains Examination.
Vision IAS has released a weekly magazine Govt Budget - What, Why and How on the 4th week of January 2021. Candidates can read this magazine for science and technology and society subjects.
In the wake of the coronavirus pandemic, both the Union and State governments are looking forward to making use of the Budget as an instrument to achieve fiscal prudence. However, unlike earlier years, the 'economics of the government' is no longer exclusively revealed on Union budget day, where the finance minister would announce new economic policies and schemes. In the present times, significant economic policy announcements take place throughout the year, outside the purview of the budget speech day.
With this trend, "budget credibility" becomes an important issue. The gap between what is promised in the budget and the budgetary allocations to back up the announcements has not yet been technically analysed consistently. Besides large deficits and debt, there are questions of comprehensiveness, transparency and accountability in the Budgets. The practice of repeated postponement of targets, timely non-settlement of bill payments and off Budget financing to show lower deficits has been common.
Download Govt Budget - What, Why and How
Last Week Vision IAS released the magazine Infrastructure and Development in NE Region.
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