Economic Affairs Secretary Anuradha Thakur has said that a combination of paperless budget preparation, fund release through electronic means and reconciliation in real time has helped in achieving a transparent fiscal ecosystem. Meanwhile, Controller General of Accounts (CGA) TCA Kalyani reiterated India’s support for global south countries in designing public financial management.

Both were addressing a seminar on ‘Sharing India’s Public Financial Management (PFM) experience for countries of the Global South’, which was organised by CGA in the national capital.

Delivering the keynote address, Thakur outlined India’s macro-fiscal reforms over the last decade. She emphasised India’s strengthened fiscal discipline under the FRBM framework, the expansion of the formal tax base, and the inc

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