#GS_2 #governance #frbm
✅Need for fiscal council
🔸For
Greater accountability
Fiscal sustainability maintained
Medium term action plan for fiscal consolidation
🔸 Against
CAG already can do postmortem of the budget
CSO RBI provide relevant data for macro economic variables
Already have frbm act
🔸 Way forward
Create a five member committee led by kag to audit the numbers in budget for profound fiscal health , and give public report
✅Need for fiscal council
🔸For
Greater accountability
Fiscal sustainability maintained
Medium term action plan for fiscal consolidation
🔸 Against
CAG already can do postmortem of the budget
CSO RBI provide relevant data for macro economic variables
Already have frbm act
🔸 Way forward
Create a five member committee led by kag to audit the numbers in budget for profound fiscal health , and give public report