WNA Globe

World News by Wild Rose

#budgeting ร—

Beggarโ€™s banquet: South Koreaโ€™s young consumers turn extreme budgeting into a game

For South Koreaโ€™s young budget-conscious consumers, finding a meal for less than 8,000 won (US$5.40) โ€“ at a time when a typical meal out in major cities can easily cost 12,000 won or more โ€“ has become more than a money-saving exercise. Crowdsourced platform Geoji Map has turned the search for ultra-cheap meals into a viral online activity. Its name, which literally translates as โ€œBeggar Mapโ€, reflects a broader Korean slang trend of using โ€œbeggarโ€ humour to describe surviving on a tight...

Revanth stresses revenue mobilisation, realistic budgeting to strengthen State finances

Government aiming to generate additional revenue of over โ‚น35,000 crore without increasing taxes or imposing any fresh burden on the public, primarily by plugging leakages and tightening tax compliance mechanisms