Urban Infrastructure Development Fund aims to help bridge gap in essential services in Tier-2 & 3 cities. Till Dec 1st week, 'project proposals worth roughly Rs 650 cr' submitted for 2023-24.
While a higher capital outlay has been budgeted for FY 23-24, trends of last FY suggest states have underspent on capex & are unlikely to achieve their targets for 2022-23.
The education ministry earmarked 56% of its total budget for school education with largest portion released for Modi govt's flagship education scheme Samagra Shiksha Abhiyan.
At 1st post-Budget BJP Parliamentary meeting, Modi said even opposition's praising the Budget. He also spoke about having sent relief to quake-hit Turkey & recalled 2001 Bhuj earthquake.
T.V. Somanathan argued that supposed progressive nature of direct taxes in old regime doesn’t hold because lower-income households can’t meet full exemption limits while rich easily can.
Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.
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.
Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.
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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