BJP & Congress don’t say how they’ll get the money to fulfil these promises. If the govt doesn’t borrow more, it’ll have to raise taxes or cut spending.
Modi govt has spent Rs 19.3 lakh crore in 5 years on infrastructure. To meet the manifesto promise, it would need to spend over 5 times that amount per year.
Investment is an important driver of growth in India, but the number of private projects announced and under implementation has been declining steadily since 2011-12.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
To be truly functional and durable, even eternal, a state doesn’t just need a leader, a party or an ideology. It needs functional and robust institutions.
The baby bump can no longer be hidden by wearing a loose fitting garment. Consumption by households is the ultimate rationale for any economy to exist, although one could forget that by seeing the ballooning of government expenditure. Whichever one sees it, either as a professional economist or a housewife managing her monthly budget, the signs of economic pain and distress are all around us. President Trump’s trade war with China is a recent disruption. Before that, very early in the term, there was a welcome fall in oil and commodity prices and a steady improvement in global growth and merchandise trade. 2. Ms Puja Mehra has written a book on India’s lost / wasted decade. The first half was caused in large part by global factors centred around 2008. The second half is entirely man made, no justification / excuses / alibis. Jo karna chahiye tha, woh nahin kiya. Jo bilkul nahin karna chahiye tha, woh kiya.
The baby bump can no longer be hidden by wearing a loose fitting garment. Consumption by households is the ultimate rationale for any economy to exist, although one could forget that by seeing the ballooning of government expenditure. Whichever one sees it, either as a professional economist or a housewife managing her monthly budget, the signs of economic pain and distress are all around us. President Trump’s trade war with China is a recent disruption. Before that, very early in the term, there was a welcome fall in oil and commodity prices and a steady improvement in global growth and merchandise trade. 2. Ms Puja Mehra has written a book on India’s lost / wasted decade. The first half was caused in large part by global factors centred around 2008. The second half is entirely man made, no justification / excuses / alibis. Jo karna chahiye tha, woh nahin kiya. Jo bilkul nahin karna chahiye tha, woh kiya.