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.
For an industry globally classified as hazardous, protections such as health insurance and a provident fund for workers are necessities. In Sivakasi, they remain elusive.
The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.
Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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