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.
The US and Israel’s assassinations of Iranian leadership ended up bestowing martyrdom on those killed. Shias saw the deaths as a continuity of martyrdom from the Battle of Karbala.
India’s fast-growing data centre sector may strain state electricity networks; Central Electricity Authority has urged Maharashtra, Andhra Pradesh, Telangana and Tamil Nadu to boost capacity.
Indian Navy chief Admiral Dinesh Tripathi said that the ongoing conflict in West Asia illustrates that speed is no longer merely an enabler of warfare but a distinct capability.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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