Enactment The Constitution of India contains the following provisions with regard to the enactment of budget: The President shall in respect of every financial year cause to be laid before both the Houses of Parliament a statement of estimated receipts and expenditure of the Government of India for that year. No demand for a grant… Continue reading How budget is enacted?
Author: ForumIAS
How budget is formulated?
Formulation The responsibility for formulating the budget estimates rests on the executive. Generally budget preparation starts in the month of September of the previous year. General Budget contains estimated receipts and expenditure for one year usually. It has three sets of figures, such as Actual figure of the previous year Budget and Revised figure for… Continue reading How budget is formulated?
What is the process of budget?
Must Read Current Affairs Articles I 5th December 2020
Good Morning dear reader. We are posting Today’s Must Read Current Affairs Articles below: \ GS Paper 1 A regressive agenda, a new low in governance The Hindu Page – 6 Syllabus Topic – Salient features of Indian Society, Diversity of India, communalism, regionalism & secularism GS Paper 2 Explained: Surgery as part of Ayurveda… Continue reading Must Read Current Affairs Articles I 5th December 2020
10 PM Current Affairs Quiz: December 4, 2020
Good Evening Friends, We are posting today’s 10pm Current Affairs Quiz https://forumias.com/blog/current-affairs/ [WpProQuiz 1940]
9 PM Daily Brief – December 4, 2020
Good evening dear reader Here is our 9pm current affairs brief for you today GS 2 Reopening schools for exams Gender deficit in Indian Judicial system Religious Freedom and Personal Choices GS 3 Need for the procurement system Protesting farmer’ concerns 9 PM for Preliminary examination FACTLY Reopening schools for exams Source: The Hindu Syllabus:… Continue reading 9 PM Daily Brief – December 4, 2020
How Tropical cyclones are formed?
News: Cyclone Burevi has weakened into a deep depression as its interaction with a landmass in Tamil Nadu has slowed its movement and intensity. Cyclonic disturbances are rapid weather systems, which include weather depressions, deep depressions, and tropical cyclones (of severe, very severe, extremely severe, and super cyclonic storms depending on their intensity). What is… Continue reading How Tropical cyclones are formed?
Cyclone Burevi
News: Cyclone Burevi is heading towards the Tamil Nadu(TN) coast after crossing Sri Lanka. Facts: Cyclonic Burevi: It is a tropical cyclone formed over southwest Bay of Bengal.It is expected to bring heavy rainfall over south Tamil Nadu and south Kerala. Named by: The name “Burevi” was suggested by the Maldives. Additional Facts: Tropical Cyclones:… Continue reading Cyclone Burevi
How the 1.5-times formula for crops MSP is calculated?
News: The talks between farmer unions and the government failed to reach a resolution.The main bone of contention in these talks is the Minimum Support Price (MSP) for crops which farmers fear the new laws will do away. Facts: MSP: It is the minimum price paid to the farmers for procuring food crops. It is… Continue reading How the 1.5-times formula for crops MSP is calculated?
Protesting farmer concerns
Context- Three Acts in Parliament and handed hurriedly, ignoring critical objections inside each Houses and the opposition outdoors. Why are these bills being opposed? End of MSP– The bills also lack any assurance about Minimum Support Price(MSP) Dismantling of the monopoly of the APMCs as a sign of ending the assured procurement of food grains… Continue reading Protesting farmer concerns
