Bank of Baroda economic research team calculated per capita subsidy expenditures of major states & found Punjab had highest, followed by Karnataka, Gujarat, Tamil Nadu & Maharashtra.
Data from International Institute for Sustainable Development highlights higher subsidy allocation to renewables comes despite 3% drop in subsidies to energy sector as a whole in FY 2021-22.
The PAHAL scheme was first launched under the UPA government in 2013, and was then revised and relaunched after the Modi government came to power in 2014.
The government will have to do a balancing act, maintaining growth and macroeconomic stability by keeping fiscal and current account deficits within manageable limits.
If no effort is made to consider how a minimum income guarantee is financed, then the expenditure would lead to cuts in public investment & higher borrowing.
In a low trust and low capacity state, voters can resist reform, because they believe the government is either unwilling or incapable of implementing it successfully and equitably.
For all its obvious blemishes, capitalism alone holds out the most creative and dynamic force that any civilization has ever discovered, wrote BP Godrej in 1980.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
This is the first major attack on central security forces since last November, when a CRPF jawan was killed and four were injured in an ambush in Jiribam on Manipur-Assam border.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
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