Delhi, India

According to Transparency International India (TII), India's budget provides less information in the public domain and therefore is less transparent. 

Advertisment

The anti-corruption watchdog noted on Wednesday the fact that less transparency would trigger severe economic problems. 

TII called the budget "intractable" and "incomprehensible" for the citizens, therefore it becomes difficult for a common man to participate in shaping public policy.

The watchdog also noted that very little budgetary information is available in the public domain which makes the Indian budget less transparent when accessed according to the international parameters.

Advertisment

India scored 48 on 100 in the Open Budget Survey of 2017.

The TII report aimed at highlighting the inadequacies and gaps in the Indian budgetary process and called for improvement. It also noted that Bangladesh's budget is more transparent than the Indian system. 

The watchdog also noted that the budget must be completely transparent and accessible to the common public so that they could understand it better and participate in policy formulation. 

Advertisment

The knowledge associated with the budgetary revenue and expenditure statements must not be limited to strategists and experts, emphasised TII. 

Union Finance Minister Arun Jaitley will be presenting the NDA's last budget for the term today.