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.
China flaunted military might & modernisation as it displayed stealth drones, anti-satellite system & cyber warfare contingent during parade to mark victory over Japan in WWII.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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