CII launches new Index to measure fiscal performance

Confederation of Indian Industry(CII) has launched a Fiscal Performance Index(FPI).The index is an innovative tool using multiple indicators to study the quality of Budgets at the Central and State levels. The index has been constructed using UNDP’s Human Development Index methodology. The Index incorporates qualitative assessments of (a)revenue expenditure (b)capital expenditure (c)revenues (d)fiscal prudence and… Continue reading CII launches new Index to measure fiscal performance