Govt has provided Rs 30,000 cr as against Rs 74,340 cr proposed by 15th finance commission, towards revenue deficit grants to states & has made no allocation for bank recapitalisation.
Noting that only 2,200 people in the country had declared earnings of Rs 1 crore per annum, PM Modi called on citizens to honestly pay their dues to ensure India's development.
Modi & his Cabinet need to get over their hostility to criticism, and frontally address the jobs problem as it is central to tackling the growing inequality.
Speaking to ThePrint, Expenditure Secretary T.V. Somanathan says borrowings through extra-budgetary resources have increased but Modi govt has been transparent in disclosing it.
Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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