Launched in 2018 to improve living standards in 117 most under-developed districts, survey said health, financial inclusion outcomes better than in many non-aspirational districts.
Infrastructure & railway sector experts are, however, optimistic and emphasise that India has shifted focus from basic to building next-level infra & infra for future, which takes time.
When GST was rolled out in India, proposals pertaining to 45-50 per cent of the government’s tax revenue were taken out of the Budget and placed under the GST Council.
The budget endorsed by PM Fumio Kishida's cabinet on Friday, features military & welfare spending as it confronts regional security challenges from China & North Korea.
Growth next year is expected to slow down due to global headwinds & fading of favourable base effect. Budget must put economy on sustained growth path, consider spending priorities.
Since 2014, shortfall in disinvestment targets was highest in 2021-22 in percentage terms, even though absolute figure peaked last year at Rs 1.72 lakh crore.
As number of Covid cases has declined, both Rajya Sabha & Lok Sabha have returned to normal sittings for second part of Budget session — the two Houses will now convene concurrently.
New strategy would be a departure from earlier years (2017-18 to 2020-21), when govt kept very ambitious tax collection targets, but fell short of them by 7-8% each time.
The Italian term sprezzatura—a studied nonchalance that conceals intention—best captures the spirit of Trump’s foreign policy so far. The pattern is unpredictability, transactionalism, and disruption as diplomacy.
With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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