The message of caution is necessary because govts in the past have often shown a tendency to indulge in fiscal jugglery to hide the actual extent of their fiscal deficit.
India has a large vertical fiscal gap, which has been increasing. The reason is that while the Constitution assigns the most buoyant taxation powers to the Union, it allocates more spending responsibilities to the states.
As the discontentment mounts, the crucial question remains: what is the PM thinking? He is a shrewd politician so he must have a long-term strategy. But no one can figure out what it is.
Government as an anchor customer provides a stable source of demand for space-based services, reducing uncertainties in the market. It can boost investor confidence in the Indian space sector, attracting investments from home and abroad.
At a post-budget conference, the minister took industry leaders to task for not cooperating with govt. Last week, Economic Survey & govt officials had also criticised private sector.
Of 43,000 private hospitals in India, only 30% are empanelled under PMJAY. As the Centre prepares to expand the scheme to include senior citizens, this could become a problem.
From the Pravasi Bharatiya Sammelan to Kumbh Melas, India has shown it can manage complex events, a capability later reinforced on the global stage during its G20 summit.
Premier David Eby, the leader of the minerals- and gas-rich province of British Columbia, spoke with executives at Tata Steel and Reliance Industries on a trade mission to India.
Overall, President Droupadi Murmu has approved Gallantry awards to 70 armed forces personnel, including six posthumous, on the eve of 77th Republic Day.
No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.
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