FM Sitharaman is likely to raise NHAI capex, but its borrowings from external sources will be curtailed. Highways asset monetisation's plans are on track.
For India’s employment-to-population ratio to be at the global average, nearly 60 crore people need to be at work. Currently, only a little more than 40 crore are.
Budget should offer immediate relief to people worst hit during pandemic, focus on public investment in infrastructure, continue disinvestment plans for PSUs.
The sector has faced continued distress since the Covid-19 pandemic struck in March 2020. Govt data says about 9% of MSMEs shut down due to the pandemic.
Govt debt is nearing 90% of GDP while its share of economic pie hasn’t grown in past 10 years, so big outlays for programmes in Budget will only mean something else has to be cut.
Despite the harsh economic impact of the pandemic, there has been a definite uptick in the tax collections, a half-yearly review by the finance ministry says.
By turning a blind eye to the snakes in his own backyard, Trudeau is setting the stage for a disaster of epic proportions for his country, his people, and the world at large.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
While there are patrolling points (PP) 10, 11, 12, 12A and 13 in the Depsang Plains, the patrol in the region Monday was carried out to only one point as decided by India and China.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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