CM Bommai thanks Sitharaman, PM for the allocation. Project envisages covering 2.25 lakh hectare of area in drought-prone districts Chikkamagaluru, Chitradurga, Tumkur & Davangere.
The budget proposal, in which the government will increase capital expenditure by 33% to Rs 10 trillion in the next fiscal year, was praised by industry experts.
The episode was evidence of Congress’ clear intention which is believed to be coming well-prepared to counter the Central government during the Budget session.
Of nine states headed for polls this year, Meghalaya, Mizoram and Nagaland have over 85% tribal population, while two, Chhattisgarh and Tripura, have more than 30%.
The government will incentivise civic bodies to improve their finances & set up an Urban Infrastructure Development Fund to create urban infrastructure in tier-II & tier-III cities.
The Finance Minister said the government proposes to increase the agricultural credit target to Rs 20 lakh crore with a focus on animal husbandry, dairy, and fisheries.
National Infrastructure Pipeline projected investment of Rs 111 lakh crore for FY20-25. Survey notes India needs continued stepping up of infra investment to sustain high growth rate.
Capital expenditure on railway infra was ₹2.5 lakh cr in FY23, up by about 29 per cent against previous yr. Construction of highways went up from 6,061 km in FY16 to 10,457 km in FY22.
Meghnad’s interest went much beyond economics and politics. This is reflected in his writing, particularly after his retirement as a full-time LSE professor in 2003.
In the latest budget, the FDI limit was increased to 100 percent, but most foreign companies are not buying such large stakes in the Indian insurance sector.
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
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