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.
A champion of cross-border diplomacy, the former Army Chief brought together Indian and Pakistani military leaders to celebrate their shared alma mater.
India’s transmission system failed to absorb more than 8 billion kilowatt-hours of power in April to June, when 63 billion actually reached the system.
Maritime security agreement opens avenues for joint development of naval ships and design, greater use of Indian shipbuilding and repair facilities by Japan.
Forty years ago this week, ‘Khalistan Commando Force’ assassins were closing in on Gen Vaidya. So callous was the security of the just-retired Army chief that he was given a solitary police gunman
COMMENTS