The key agreement at COP24 was the formation of a new climate regime under which all nations would report their emissions and the progress they... View Article
The COP24 is an informal name for the 24th conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC). ... View Article
The Paris rulebook is a legally binding international treaty on climate change. It was signed on 12 December 2015 by 196 parties at COP21 in... View Article
The main aim of the Ministry of Environment, Forest and Climate Change (MoEFCC) is to carry out the planning and implementation of environmental... View Article
The current Minister of Environment is Bhupendra Yadav. Bhupendra Yadav assumed office as the Minister of Environment, Forest and Climate Change... View Article
The Ministry of Environment and Forests (MoEF) is the highest authority in India for protection for the environment. It is the nodal agency... View Article
Government budget deficit occurs when the Government spending is more than the revenue generated by the Government. More spending could be due to... View Article
When the Government is spending more, there is more money circulating in the economy thereby helping the economy to grow. It helps more people to... View Article
Whether the fiscal deficit is good or bad is a matter of debate among economists. The nature of deficit helps one to understand whether the... View Article
For 2021-22, the fiscal deficit target fixed by the Government was 6.8% of the GDP. By 2025-26, the Government aims to bring down the fiscal... View Article
No, the debt and deficit are not the same thing. Deficit happen when the expenditure is more than the revenue. A Government budget is deficit... View Article
3.5% of GDP was the fiscal deficit target for 2020-21. Due to Covid-19 pandemic, the budget deficit shot up to 9.5% of the GDP. For the year... View Article
The two primary causes of the government budget deficit are, very low revenue is generated from taxation and the expenditure of the Government is... View Article
The fiscal deficit was Rs 18,21,461 crore. Fiscal deficit for 2020-21 was at 9.3 per cent of the gross domestic product (GDP). As per the data... View Article
Sales budgets are financial plans that estimate the total revenue a company makes in a specific period. Revenue budgets are forecasts of a... View Article
The annual revenue budget of the Government gives information on the sources of revenue, of the government. The revenue budget consists of... View Article
No, the revenue is not the same as the budget. Revenue is the income generated, whereas budget is the amount that is available, which can be used... View Article
Based on the feasibility of estimates, the Government budget can be categorised as deficit budget, surplus budget and balanced budge.You can read... View Article
The 5 major sources of revenue for the Government are Goods and Services Tax (GST), Income tax, corporation tax, non-tax revenues, union excise... View Article
The components of a revenue budget are the expenditure and the revenues from tax and other sources; this component is known as revenue receipts... View Article
