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.
The methods of the welfarist reduce the productivity of human effort and thus affect the welfare of the invalids as well as of the able-bodied. This is a greater injustice, BS Sanyal wrote in 1957.
Regulator seeks feedback on allowing firms to repurchase shares via exchanges after tax changes, as markets reel from war-led selloff and foreign outflows.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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