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This expenditure includes Rs 40,000 crore towards enhanced expenditure under MNREGA. The first batch of Supplementary Demands for Grants includes 54 Grants and 1 Appropriations.
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The initiative, called ‘Destination India’, will seek to streamline the process of foreign admissions in a bid to project the country as a hub of education.
RBI projects growth for 2020-21 at 6%. Repo rate retained at 5.15% and reverse repo rate at 4.9%.
Speaking to ThePrint, Expenditure Secretary T.V. Somanathan says borrowings through extra-budgetary resources have increased but Modi govt has been transparent in disclosing it.
While appreciating rural thrust of Nirmala Sitharaman’s Budget 2020, Swadeshi Jagran Manch says FDI in education will ‘transfer our domestic resources abroad’.
Nirmala Sitharaman marginally increased the capital budget of both the Navy and Army in the Union Budget 2020-21 announced Saturday.
Ayushman Bharat’s budget has been revised downwards from Rs 6,400 crore to Rs 3,314 crore in 2019-20.
In Union Budget 2020, defence pension sees the biggest jump with a 13.6% increase against the 2019-20 revised estimates.
With Census 2011 as basis, the panel has reduced shares of states like Kerala, Andhra Pradesh and Telangana. States expected to oppose the recommendations.