Consolidated Fund Of India

Union Budget 2019: Contingency Fund of India helps govt meet emergency expenses; Parliament nod required to utilise it

In order to keep the corpus intact in the Contingency Fund of India, the government seeks approval of the Parliament for withdrawing an equal amount of money from the Consolidated Fund of India.

Union Budget 2019: Consolidated Fund of India is the main account of Centre, handles all expenses of govt

The Consolidated Fund of India, created under Article 266 of the Indian Constitution, includes the revenues received by the government and expenses made by it.

Union Budget 2019: Importance of capital account dealing with receipts, expenditures and creation, dilution of assets

The capital account, as the name suggests, deals with receipts and expenditures that lead to the creation or dilution of assets.

Union Budget 2019: High public debt detrimental to a country’s economy in long run

Without fiscal discipline, the accumulation of public debt can ultimately have a snowball effect on the economy.

CBI books Indira Jaising's NGO Lawyers Collective, founder Anand Grover for foreign funds irregularities

The CBI has booked noted lawyer Anand Grover and his Mumbai-based voluntary organisation, Lawyers Collective, for alleged violation of rules in receiving foreign aid, officials said on Tuesday. The agency has filed an FIR on the basis of a complaint from the Ministry of Home Affairs (MHA), which has alleged several discrepancies in the utilisation of foreign aid received by the NGO.

Difference between full and interim Budget: What is a vote-on-account and why is Congress alleging that BJP is violating tradition

Finance Minister Arun Jaitley has given strong indication that he would like to present a full budget instead of a vote-on-account which is traditionally called for in an election year, by an outgoing government, triggering outrage by the Congress.

Aadhaar verdict: A labyrinth that raises more questions than it attempts to answer

All of us have been asked to trust a story in which Aadhaar data security is never breached.

Aadhaar verdict: Dissenting judge Justice DY Chandrachud feels Money Bill tag may be misused to escape Rajya Sabha scrutiny

The government justified mandatory Aadhaar-based biometric authentication relying on Section 7, to claim that its main purpose was to prevent leaks in subsidy delivery.

Five-judge SC bench reserves verdict on petitions challenging constitutional validity of Aadhaar

A five-judge constitution bench of the Supreme Court headed by Chief Justice of India (CJI) Dipak Misra reserved its judgement on the Aadhaar matter.

Supreme Court refuses to extend 31 March deadline for linking of Aadhaar with welfare schemes

The Supreme Court on Tuesday refused to pass an interim order extending the deadline of March 31 for linking of Aadhaar with the welfare schemes where benefits are transferred to citizens from the Consolidated Fund of India.