Survey mentions ‘binding budget constraints’, highlights need to ensure higher private participation in infrastructure and coordinated action from all stakeholders involved.
The finance ministry should not spend ~0.83 trillion for equity infusion into BSNL. Instead, it should ask the telephone company to raise resources from the market.
Union Budget 2024 allocated Rs 11.1 lakh cr as capex for FY25. This is 11% higher than what was budgeted for FY24 and 17% higher than what was actually spent that year.
Leaving interim budget largely unchanged would be in keeping with trend since 2004-05. Even when new parties have come to power, budgetary allocations have not changed substantially.
Fall in capital expenditure indicates Congress govt's shrinking space to create assets. In contrast, Rs 52,000 cr is earmarked for 5 guarantees promised to voters before state polls.
Last 20 years' data shows capex share in spending has risen since 1st term of Modi govt in 2014-15 & that of subsidies has dropped. Under UPA between 2004-2014, subsidies rose while capex fell.
Studies by Bank of Baroda find Centre on track to meet capex target for this fiscal. There’s wide disparity in states’ performances but upcoming polls haven’t derailed the capex process.
Fourteen million refugees, and 25 million facing acute hunger, should be reason enough for the world to dismantle the dystopia in Sudan — even if the sadism of its rulers is not.
Once seen as a fading presence on India’s investment & startup picture, the state is slowly moving up the ladder, with policy reforms & infrastructure building.
Agreement signed during 17th Joint Working Group (JWG) on defence cooperation. Defence Secretary Rajesh Kumar Singh met Director General in Israeli Ministry of Defence Amir Baram Tuesday.
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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