With eye on rural votebank, Telangana budget raises allocations for farmers, power & welfare schemes, while introducing new initiatives and relying on borrowings to fund growth.
Other key promises in the budget include AI- and other technology-enabled services for farmers and continuation of the Ladki Bahin Yojana, which will have the same outlay.
His very first budget laid strong emphasis on capital expenditure & infrastructure development, his goal of making Maharashtra a five-trillion dollar economy by 2047, and ensuring fiscal discipline.
After K-Rail did not get Centre’s approval, Kerala govt recently approved RRTS. Sreedharan criticised RRTS as ‘election student’ & called it ‘foolish venture’.
2 years after UNNATI was unveiled to accelerate industry & jobs in the region, Budget offers limited funding, with only incremental support through tourism & agarwood farming.
FM Sitharaman also announced the govt will set up 5 university townships in the vicinity of major industrial logistics centres, and set up or upgrade 4 Telescope Infrastructure.
According to economists, the govt is expected to raise spending on roads, ports and railways, expand export incentives, and reform the import-duty regime.
What Modi govt is doing to Arvind Kejriwal is wrong. But would there ever have been a Modi govt if Kejriwal and his India Against Corruption movement had not destroyed the UPA?
Post-2022 as AI has spread in developed economies, it is leading to another round of polarisation—the middle class jobs are being lost in offices rather than in factories.
The fifth S-400 air defence system is undergoing various stages of production trials, and will be delivered by November-December this year, it is learnt.
American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.
COMMENTS