According to CEA K.V. Subramanian, demands for stimulus should also consider that the Budget this year was presented amid the pandemic and incorporated significant fiscal expansion.
Budget documents for 2021-22 show govt didn't allocate any funds for vaccine expenditure by the Centre. However, it has spent Rs 2,520 crore so far this fiscal for vaccine procurement.
Over the last 10 years, the share of the defence budget spent on capital outlay has declined, from a high of 30% in 2011-12 to as low as 22% in 2018-19.
Noting that the government has 'no business to be in business', PM Modi said pointed out how government officials are unable to take courageous decisions fearing allegations and courts.
Finance Minister Nirmala Sitharaman tears into Rahul Gandhi in Lok Sabha speech, says Congress' belief in a democratically elected parliamentary system is over.
Nirmala Sitharaman lists steps taken by govt to help the poor, including provision of electricity and cooking gas, counters attacks by Rahul Gandhi & Chidambaram.
India’s disease burden was related to poverty, but it increasingly relates to economic growth that’s not mindful of the new health risks emerging from it.
13% of India’s under-5 deaths are due to pneumonia, half of them pneumococcal. Immunisation programme will be expanded beyond 5 pilot states using indigenous vaccines.
Recent data does not support any dramatic shift away from the dollar. As per IMF, the share of international transactions conducted in dollars has declined from 56.90% to 56.77%.
Increase in employment subsidy, Rs 500 crore for estate revamp, new townships in pipeline—but land cost, power breakdowns and inspector raj top among key worries for industry leaders.
CDS Anil Chauhan says future space capability will not be built by government agencies alone. ‘It will be co-developed with industry, start-ups, and technology innovators’.
American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.
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