14th Among 100 Countries: Survey
Mumbai: India enjoys a high rating when it comes to budget transparency practices. It ranks 14th among the 100 countries that were surveyed. Its open budget index score of 68 out of 100 is much higher than the average score of 43 for all countries covered in the Global Open Budget Survey 2012.
The results of the survey were released on Wednesday by The International Budget Partnership (IBP). According to IBP, India’s current score indicates that the government provides significant information on its budget and financial activities during the year, enabling Indian citizens to hold the government accountable for management of public money.