Who has launched a Fiscal Performance Index (FPI) to assess state and – InterviewSolution

InterviewSolution

1.	Who has launched a Fiscal Performance Index (FPI) to assess state and central budgets?
Answer» Confederation of Indian Industry (CII) has launched a Fiscal Performance Index (FPI) to assess state and central budgets. The Index incorporates qualitative assessments of revenue expenditure, capital expenditure, revenues, fiscal prudence and the level of public debt arrive at a more holistic picture of fiscal performance than the fiscal deficit to GDP ratio according to the CII.

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