Sectoral allocations for highways, railways show marginal increase in interim budget with experts hoping that the allocations will go up in the full budget expected in June-July.
Panel to be mandated to make recommendations in relation to ‘Viksit Bharat’ goal, adds finance minister. According to UNFPA, India's overtaken China to be world's most populous country.
Development assistance to India's other neighbours like Seychelles, Mongolia & Iran's Chabahar Port remain roughly the same year-on-year. Nepal, Afghanistan, Africa get slightly more.
Data shows 'revenue foregone' due to tax incentives mostly benefited corporates in 2004-05. Situation improved by 2013-14, but individuals became main beneficiaries only under Modi govt.
In interview with ThePrint, finance secretary spoke on Budget, how central govt can encourage states to increase capex, MGNREGA allocation & if food, fertiliser prices will fall.
The Union Budget's impetus towards tourism and housing will help generate employment opportunities, plus rationalisation in food and fertiliser subsidy is a welcome development.
Cushion from a high nominal GDP base will not be around in FY24. Budgeted expenditure will be vulnerable to pruning in case of shortfall in revenue realisation.
See the political messaging in this budget. It is an uncluttered continuation from last year and is a statement of confidence, bordering on overconfidence.
The IndiGo crisis is nothing short of a threat to India’s stability. Could it be an experiment? Can this happen in any other crucial sector like power or railways?
RBI Handbook of Statistics shows state’s GSDP has more than doubled in past decade, finishing second behind Maharashtra. It has performed well across health & education parameters as well.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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