Finance Minister Nirmala Sitharaman previously served as India's first full-time woman defence minister. Amid constant rumours of being shunted out, she presented her third Budget this week.
RBI Governor Shaktikanta Das says the MPC is of the view that it is important to revive growth on a durable basis while ensuring inflation remains within the targeted levels.
If govt puts its weight behind privatisation and does not allow unions, bureaucracy or opposition to derail its plan, this will be a game-changing Budget.
Finance Secretary A.B. Pandey says the cut on customs duty shrinks the price difference of gold in the international and the domestic market, and helps enforce a simple and compliant regime.
The hospitals, to be set up through new PM health fund, will be stationed in Delhi & Chennai and moved during disasters or disease outbreaks to buttress India's health infrastructure.
Tuhin Kanta Pandey, Secretary, Department of Investment and Public Asset Management, says the government's exit from many sectors will help it to neutrally administer its policy-making role.
It could mark the turning point for Sitharaman to be taken more seriously, after all the negative criticism she has faced as defence and finance minister.
T.V. Somanathan, expenditure secretary in finance ministry, says there's nothing hidden in Budget; it accounts for all spending by govt departments in 2021-22.
The reach and impact of influencers are so significant that even politicians such as Prime Minister Narendra Modi have recognised their value—the National Creators Award is proof.
Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.
Both the governments expressed their commitment to strengthening their maritime cooperation to strengthen the maritime safety and security framework in the region.
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