Key Facts about the High Seas Treaty (BBNJ)

With reference to the High Seas Treaty, consider the following statements: It is formally known as the Agreement on Conservation and Sustainable Use of Marine Biological Diversity of Areas Beyond National Jurisdiction (BBNJ Agreement). It is a non-legally binding agreement under the United Nations Convention on Law of the Sea (UNCLOS). The treaty addresses the … Read more

FRBM Act: State Debt to GDP Benchmark

According to the State Finances 2022-23 report by the CAG, what is the benchmark for State Government Debt as a percentage of GDP, set by the Fiscal Responsibility and Budget Management (FRBM) Act?