Discontinued by Vajpayee in 2003, OPS issue has especially gained urgency after BJP lost Himachal assembly election to Congress last year. Restoring OPS was key poll promise of Congress.
Despite RBI warnings, states like Rajasthan, Himachal Pradesh, Chhattisgarh & Punjab have already brought back the scheme, which was replaced by a new one by then NDA govt in 2004.
States have seen stronger revenues and have been prudent with their expenditure, leading to better deficit ratios. But capex needs to increase & debt needs to reduce.
By turning a blind eye to the snakes in his own backyard, Trudeau is setting the stage for a disaster of epic proportions for his country, his people, and the world at large.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
While there are patrolling points (PP) 10, 11, 12, 12A and 13 in the Depsang Plains, the patrol in the region Monday was carried out to only one point as decided by India and China.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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