Press Esc to close

India ranks 14th on budget transparency: Survey

New Delhi, Feb 14, 2013 (PTI) 16:45 IST
The transparency in the Indian budgetary system has improved marginally and is ranked 14th among 100 countries, a survey has said.

According to the 'Open Budget Survey 2012' released today by the International Budget Partnership, India's open budget index (OBI) score improved from 67 in 2010 to 68 in 2012.

Its open budget index score of 68 out of 100 is much higher than the average score of 43 for all countries covered in the Global Open Budget Survey 2012, it said. The survey is released every two years and India's OBI score during 2008 was 60.

India continues to occupy the same rank as in 2010. However, its score, which is based on various parameters largely relating to availability of budget information, is the highest in South Asia.

According to IBP, India's current score indicates that the government provides significant information on its budget and financial activities during the year, enabling Indian citizens to hold the government accountable for management of public money.

Finance Minister P Chidambaram is scheduled to present the Budget on February 28. The survey showed New Zealand, with an OBI score of 93, provided the most information on budget, followed by South Africa (90), the UK (88) and Sweden (84).

Go to Top

More from this section
Most trending stories
Photo Gallery
A worker applies colour to strings which will be used to fly kites, by a roadside in Ahmedabad...

A worker applies colour to strings which will be used to fly kites, by a roadside in Ahmedabad...

A girl collecting fallen Chinar leaves at a Mughal Garden on the out skirts of Srinagar...

A girl collecting fallen Chinar leaves at a Mughal Garden on the out skirts of Srinagar...

Prakash Raj speaks during a press conference to launch a campaign against the social media troll...

Prakash Raj speaks during a press conference to launch a campaign against the social media troll...

Virat Kohli during a practice session in Nagpur ahead of the 2nd test match...

Virat Kohli during a practice session in Nagpur ahead of the 2nd test match...

Bhuvneshwar Kumar during his marriage with the childhood friend Nupur Nagar....

Bhuvneshwar Kumar during his marriage with the childhood friend Nupur Nagar....

Hockey prayers during their first practice session at the Kalinga stadium...

Hockey prayers during their first practice session at the Kalinga stadium...

Yuki Bhambri of India plays against compatriot Prajnesh Gunneswaran...

Yuki Bhambri of India plays against compatriot Prajnesh Gunneswaran...

Sikh devotees paying obeisance at the Golden Temple on the martyrdom day of Guru Tegh Bahadur...

Sikh devotees paying obeisance at the Golden Temple on the martyrdom day of Guru Tegh Bahadur...

Vehicles moving at snow clad road after snowfall in Lahau...

Vehicles moving at snow clad road after snowfall in Lahau...

Sehwag and Kaif at the announcement of the inaugural edition of St. Moritz Ice Cricket...

Sehwag and Kaif at the announcement of the inaugural edition of St. Moritz Ice Cricket...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.