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.
The Indian planning system did not encourage individuals based on ‘what they knew’, but on ‘whom they knew’. Many left for countries that recognised their talent.
The new law, which the government has framed as a moral duty, forced major platforms like Dream11 & Zupee to shut operations, wiping out hundreds of crores in market capitalisation.
Joint Doctrine for Special Forces Operations, released Wednesday, also outlines plans for the future expansion of AFSOD and the creation of Joint Service Training Institutes.
Putin sees this as a victory. Europeans have decided to deal with Trump on his terms for the sake of the larger Western alliance. We look at the lessons for us in India.
COMMENTS