Press Esc to close
Thursday 18 December 2014
News updated at 5:57 PM IST
Weather
Max: 26.2°C
Min : 19.5°C
In Bengaluru
Generally cloudy

India ranks 14th on budget transparency: Survey

New Delhi, Feb 14, 2013 (PTI)

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

Photo Gallery
School children in Ahmedabad praay as they pay tributes...

School children in Ahmedabad praay as they pay tributes...

School children of Gurgaon pay tributes to the children killed in Pakistan...

School children of Gurgaon pay tributes to the children killed in Pakistan...

Kashmiri Muslim women pray outside the shrine...

Kashmiri Muslim women pray outside the shrine...

School girls take part in a protest against attack at a Peshawar school...

School girls take part in a protest against attack at a Peshawar school...

A Pakistani man comforts a student standing at the bedside of a boy who was injured in a Taliban...

A Pakistani man comforts a student standing at the bedside of a boy who was injured in a Taliban...

Pakistani parents escort their children outside a school attacked by the Taliban in Peshawar...

Pakistani parents escort their children outside a school attacked by the Taliban in Peshawar...

Ambulances carry injured people outside a school attacked by the Taliban in Peshawar, Pakistan...

Ambulances carry injured people outside a school attacked by the Taliban in Peshawar, Pakistan...

Relatives of a student, who was injured during an attack by Taliban gunmen on the Army Public...

Relatives of a student, who was injured during an attack by Taliban gunmen on the Army Public...

A plainclothes security officer escorts students rescued from nearby school during a Taliban...

A plainclothes security officer escorts students rescued from nearby school during a Taliban...

A Pakistani army soldier takes position on a bunker close to a school under attack by Taliban...

A Pakistani army soldier takes position on a bunker close to a school under attack by Taliban...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523