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pcs mains examinations

Rising Fiscal Deficit and Public Debt in India: Challenges and the Path to Fiscal Prudence

Admin012 mins

Introduction India’s economic aspirations rest heavily on sound fiscal management. The fiscal deficit and public debt are critical indicators of a nation’s financial health. While these are not inherently problematic, their sustained rise poses significant challenges for macroeconomic stability, inflation control, and long-term growth. Over the past few years—especially post-COVID-19—India has witnessed a marked increase…

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pcs magazine

Understanding Fiscal Deficit: Implications and Management for the Indian Economy

Admin018 mins

A fiscal deficit is an essential concept in the field of public finance and plays a critical role in understanding a country’s economic health. In simple terms, a fiscal deficit occurs when a government’s total expenditure exceeds the revenue that it generates, excluding borrowing. It is often expressed as a percentage of a country’s GDP…

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uppcs magazine

The Role of the Comptroller and Auditor General (CAG) in India as the Custodian of Public Money

Admin08 mins

Introduction The Comptroller and Auditor General (CAG) of India is a constitutional authority responsible for auditing government expenditures to ensure accountability, transparency, and efficiency in public financial management. As the custodian of public money, the CAG plays a crucial role in maintaining financial discipline, preventing corruption, and ensuring that public funds are used for their…

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Are Committees Useful for Parliamentary Work? A Discussion on the Role of the Estimates Committee

Admin016 mins

Introduction In any democracy, the legislative process is crucial to the functioning of government. In India, the Parliament plays a key role in shaping laws, policies, and budgetary allocations. While plenary sessions and debates are essential components of parliamentary procedures, committees have emerged as critical instruments in ensuring thorough scrutiny and focused examination of various…

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