Enrolment in schools has improved at all levels except pre-primary. According to report, in 2021-22, 40% of country's schools had internet and 89.3% had electricity.
This is due to the plateauing of exports and subsequent widening of the current account deficit. On Tuesday, the rupee depreciated 12 paise to 81.64 against the US dollar.
Data shows while states had budgeted a total of a little over Rs 7 lakh cr for capital outlay, only Rs 2.58 lakh cr was spent till Nov 2022. Andhra Pradesh was at bottom among big states.
Annual 'marginal increase' in budget allocation goes in salaries & allowances, leaving little for development & modernisation, say officers part of forces that make up the CAPF.
Private sector is also hoping for a high budgetary allocation for defence capital expenditure since it will translate into more acquisition programmes fructifying.
Experts believe although the PLI schemes currently extended to 14 sectors have been beneficial, reduction in administrative inefficiencies, compliance burden would further help industry.
Infrastructure & railway sector experts are, however, optimistic and emphasise that India has shifted focus from basic to building next-level infra & infra for future, which takes time.
Schemes for providing tap water, building affordable housing, and boosting infrastructure in border villages have made good progress since the last Budget, but there’s still work to be done.
Announced in Budget 2022, the NDU is touted to be significant step towards attaining some goals in NEP 2020. However, it will only offer diploma & certificate courses initially.
India’s policymakers need to ensure that labourers, and milk and newspaper delivery workers, do not have to sacrifice food just to keep a roof over their heads.
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.
Modi government had also made numerous efforts to establish peace with Pakistan but has now adopted a different path, militarily, to establish peace, adds defence minister.
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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