Government capital spending increased more than 40% during the quarter as it stepped up expenditure on roads to railways, according to official data on Wednesday.
India's govt sector is large compared to East Asia. Yet, we have poor-quality public services. It might be prudent to take a look at what they actually deliver and at what cost.India's govt sector is large compared to East Asia. Yet, we have poor-quality public services. It might be prudent to take a look at what they actually deliver and at what cost.
A double-digit headline GDP growth or being crowned the world’s fastest-growing economy means very little, unless it also yields robust income growth for families.
While the Indian economy continues to do better than others, it is not located on some other planet and is bound to be affected by the global headwinds.
When one looks to the future, the question is whether Western powers want to save a country still recognisably Ukraine, or if they seek to destroy Russian threat once & for all.
The government has revised its GDP growth estimate for 2021-22 to 8.7 per cent on account of economic disruptions caused by the Covid-19 pandemic and spike in inflation.
The conventional wisdom is that if a govt fails to improve the lot of the voters, it is punished. Kumar presided over an economic disaster for 20 years and was re-elected by a landslide.
Indian govt officials last month skipped Turkish National Day celebrations in Delhi, in a message to Ankara following its support for Islamabad, particularly during Operation Sindoor.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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