According to Budget 2021-22 documents, major subsidies are estimated to rise over 2.5 times this fiscal, whereas those on food, fertilisers and petroleum are estimated to fall.
The Budget has allocated amounts for African, Eurasian countries and also Latin American nations, apart from development assistance to neighbouring countries.
The pandemic has finally alerted India to some long-neglected priorities. Overall, execution will determine the outcome of India’s high-risk spending plan.
Strategic disinvestment of govt enterprises ‘created by taxpayers money is not right’, Swadeshi Jagran Manch says, but lauds steps announced to revive Covid-hit economy.
According to a police statement, Rs 8,100.20 crore has been embarked for establishment-related expenditure and Rs 306 crore shall be spent on building office, residential complex.
The allocation for the Department of Empowerment of Persons with Disabilities saw an increase of 30.19 per cent to Rs 1,171.77 crore in 2021-22 from Rs 900 crore in 2020-21.
Anand Mahindra said his expectation from this budget regarding fiscal deficit was fulfilled. Sunil Bharti Mittal said the budget boldly spells govt's growth agenda.
The budgetary allocation for the environment ministry has shrunk by nearly 8% from the last fiscal, including a reduction in the climate change action plan and Project Tiger.
The overall budget for the Department of Agriculture, Cooperation and Farmers’ Welfare has been reduced by about 8.5 per cent or about Rs 11,382 crore.
Finance Minister Nirmala Sitharaman's first speech in July 2019 went on for around 137 minutes. Last year, Sitharaman's speech was more than 160 minutes long.
The Italian term sprezzatura—a studied nonchalance that conceals intention—best captures the spirit of Trump’s foreign policy so far. The pattern is unpredictability, transactionalism, and disruption as diplomacy.
With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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