Cushion from a high nominal GDP base will not be around in FY24. Budgeted expenditure will be vulnerable to pruning in case of shortfall in revenue realisation.
For years, experts have argued the case for rethinking the Centre-state relationship regarding the police. The time to debate police financing is running out.
A dedicated fund for start-ups in rural India is a much-needed thrust but Budget 2023 has unexpectedly slashed allocation to the agriculture ministry and reduced funds for MGNREGA by 33%.
See the political messaging in this budget. It is an uncluttered continuation from last year and is a statement of confidence, bordering on overconfidence.
Less than 2 months ago, panel chaired by BJP MP P P Chaudhary had recommended more than doubling allocation to foreign ministry, to 1% from 0.44% of overall budget.
No import duty on machinery required to manufacture lithium-ion cells for batteries used in EVs, specific budgetary allocation for scrapping & replacing old govt vehicles.
With his cameo in Bads of Bollywood, Emraan Hashmi, who has long shifted away from his signature bold image, got the chance to revive his boyhood charm.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
There were no plans to have Mk1A version. However, compromise was reached between HAL & IAF in 2015 since original plan for getting Mk2 would've been time-consuming affair.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
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