The Ministry of Housing and Urban Affairs, which invited proposals in March 2022, received 26 proposals from 21 states including MP, Maharashtra, Bengal, Kerala till January last year.
Bengaluru, Hyderabad, and Gurugram add to the wealth of their states. It's crucial to look at district data because the 15th Finance Commission's calculation ignores intra-state inequality.
At a meeting with chief secretaries of states, Union Finance Secretary T.V. Somanathan made a presentation that highlighted a worrying rise in debt in some states.
The 15th Finance Commission, in a first-of-its-kind stock-taking exercise in the backdrop of Covid pandemic, has put out statistics about chronic shortages in India’s health system.
Current constraints, including a 9.5% fiscal deficit, make it tough for the Modi govt to give states more sectoral funds beyond the 41% share recommended by the 15th Finance Commission.
Expenditure Secretary T.V. Somanathan tells ThePrint these centrally sponsored schemes are not bad but some hard choices have to be made given the scarcity of funds.
India should have secured greater savings by pressing Russia for prices nearer the cap while sustaining high volumes. This would have preserved strategic autonomy and served economic logic.
One such website has drawn particular scrutiny for spreading fake stories that have upset not only the Indian but also foreign defence firms by falsely attributing misinformation.
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