With tax revenue not doing as well as needed, govt has few choices before it: reduce subsidy-led revenue expenditure, cut back on growth-oriented capex, or miss its fiscal deficit target.
The supplementary demands for grants, tabled by FM Nirmala Sitharaman, is over and above the total expenditure of Rs 34.83 lakh crore projected in the Budget for 2021-22.
The proposals, tabled by FM Nirmala Sitharaman, involve net cash outgo of Rs 4.13 lakh crore and remaining amount will be matched by savings of ministries or enhanced receipts
The budgeted expenditure doesn’t account for various schemes & announcements that have been made, such as the increase in MSP or the healthcare coverage scheme.
Air India’s new policy, effective from 2 May, introduces new weight limits for tickets in each of the different 'fare families' — Comfort, Comfort Plus, and Flex.
New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.
A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.
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