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.
According to government reply in Lok Sabha, the pilot phase of PMIS is being used to test concepts, strategies and systems before a full-scale implementation of the scheme.
Order for 87 MALE drones will be split between 2 Indian firms in 64:36 ratio to ensure there are 2 independent manufacturing lines with at least 60% indigenous components.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
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