08.03.18 APSC (Assam) Current Affairs

ASSAM State’s salary bill higher than revenue   After the implementation of the 7th Pay Commission recommendations, the expenditure incurred by the Assam Government is much higher than its own revenue generation. Though the State’s share of Central taxes has increased considerably over the years, the high salary burden has affected development works.Highly placed official … Read more

01-02.04.18 APSC (Assam) Current Affairs

ASSAM NE highly vulnerable to climate change, say experts         Climate change is happening and Himalayan mountain States particularly the Northeastern States are highly vulnerable considering the changes in temperature, rainfall patterns and other impacts on various sectors every year, according to experts.The experts were sharing their scientific data at State Directorate … Read more

What do you understand by Tax expenditure? Comment on its relevance? ( Economy)

Tax expenditure is the revenue foregone as a result of exemptions and concessions. Tax expenditure was introduced for the first time in 2006-07 union budget.  Tax expenditure is justified on following grounds: Act as an incentive for priority sector like infrastructure. It promotes balance regional growth It neutralise the disadvantage on account of location It … Read more

Control Over Public Expenditure

 Control over Public Expenditure In a parliamentary democracy, the political executive is responsible to the Parliament. The control exercised by the Parliament over the executive is its control on financial expenditure. Parliamentary Control The Parliament is the custodian of public money, and what better way to keep an eye on the authorities spending … Read more

13.06.18 APSC (Assam) Current Affairs

ASSAM   Centre plans to set up coach maintenance facility in State   The Railway Ministry is considering setting up a coach maintenance facility in Assam.   It is noteworthy that a Coach Refurbishment Unit was approved at Bongaigaon last year with an investment of Rs 150 crore for daily upkeep of new-generation LHB coaches. … Read more

Pattern Of Revenue Expenditure

 In India, government expenditure – as per the provision in the Constitution – is divided into revenue expenditure and capital expenditure. However, the adoption of economic planning shifted emphasize on the division of expenditure into Plan and Non-Plan. The share of Non-Plan expenditure has remained close to 70% and that of Plan at 30% … Read more