As govt withdraws rate cut on small savings scheme, data with National Savings Institute shows that West Bengal has consistently led states in small savings collections.
The fiscal deficit for 2019-20 and 2020-21 would have been higher at 4.6% and 4.4% respectively if the govt had not shifted its liabilities out of the budget.
Prime Minister Narendra Modi has a reputation for fiscal prudence, so the expectation is that somehow or the other his finance ministry will get the numbers in line.
Sometimes, we end up embroidering the truth as we overthink and overanalyse a fastidious lady’s personal wardrobe preferences for significant occasions.
No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.
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