This article is based on the two Indian Express articles (links Indian Express, Indian Express) published today and in October, 2020 respectively. Why in News US President Biden promises decriminalising the use of marijuana and also gave assurance to clearing out the past convictions related to it during his election campaign. In India also Recent… Continue reading Decriminalising Marijuana in India
Author: ForumIAS
What is FSSAI? What are its functions?
What is FSSAI? Food Safety and Standards Authority of India (FSSAI) is a statutory body established under the Food Safety and Standards Act, 2006 (FSS Act). FSSAI is an autonomous body. The administrative ministry for FSSAI is the Ministry of Health & Family Welfare. FSSAI is responsible for protecting and promoting public health through the regulation and supervision of food safety. … Continue reading What is FSSAI? What are its functions?
What is Planning Programming and Budgeting System (PPBS)
Planning Programming and Budgeting System (PPBS) is a technique for optimizing allocation of funds in the budget through exercise of proper choice among programmes which compete for limited resources. It involves three steps: Planning- Identification of goals and objectives Programming- Prioritising the goals Budgeting- Allocation of funds
What is gender budgeting?
Gender Budgeting Gender Budgeting is a dissection of the government budget to establish its gender differential impact and to translate gender commitments into budgetary commitments. It looks at the government budget from a gender perspective to assess how it addresses the need for women in the areas like health, education, employment etc. Read More: Gender… Continue reading What is gender budgeting?
What is Outcome based budget?
Outcome based budget technique has been recommended from the budget 2007- 08. Under this every ministry handling a sector presents a preliminary outcome budget to the Ministry of Finance. It seeks to bring correlation between outlay, output and outcome. Outlay- is the amount that is provided for a given scheme or project in the Budget.… Continue reading What is Outcome based budget?
What is Zero based budget
It is a method of budgeting in which all expenses are justified for each new period. The process of zero-based budgeting starts from a “zero base,” and every function within an organisation is analysed for its needs and costs. In simple terms the every year budget is done like it was done for the first… Continue reading What is Zero based budget
What is Performance budget?
Performance budget is a system of presentation of public expenditure in terms of function, programmes, activities and project are reflecting primarily the government output and its cost. The main thrust of performance Budget is to provide output oriented budget information within a long range perspective so that resources could be allocated more efficiently and effectively.
What is legislative budget? and What is executive budget?
Legislative budget When budget is prepared by a committee of the legislature on the request of executive, it is known as legislative budget. Executive budget In this system budget is prepared by the executive and after it has been approved by the legislature, responsibility for its execution lies with the executive.
What is long-term budget?
In this type of budget, government plans for years of development and improvement required through budgeting. While the annual budget happens yearly long term budget is planned for few years. For ex – 5 to 10 years of Research and Development Budget, Capital Expenditure Budget, etc. This has few advantages like focus on long term… Continue reading What is long-term budget?
What is Annual budget?
Usually public budgeting happens once in a year because it enables the legislature to exercise a closer control over the activities of the government. This is called Annual budget. This is known as financial year. In India it starts from 1st April and ends on 31st March.
