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BEST IAS COACHING IN LUCKNOW

Date: December 31, 2016

Current Affairs

(Week Dec-16  to Dec.24)

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Budget may drop plan, non-plan classification of expenditure

Date: December 08, 2015

The Centre is looking to do away with the practice of classifying expenditure as ‘plan and non-plan’ in the Budget documents as part of an effort to improve the link between spending and outcomes, Union Finance Secretary Ratan P. Watal said on Tuesday. The distinction, in the budget due to be presented in February 2016, he indicated, could be between ‘capital and revenue&rsquo...

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