Andhra Pradesh Finance Minister Payyavula Keshav in his budget speech Friday allocated Rs 9,407 crore for ‘Talliki Vandanam’ and Rs 6,300 crore for ‘Annadata Sukhibhava’ scheme.
This is part of a proposal to offset the burden of bankrolling the 5 guarantee schemes of the Siddaramaiah govt. Pilot project will be through Karnataka Power Transmission Corporation.
TeamLease’s Manish Sabharwal spoke to ThePrint about how political leaders, for the sake of winning elections, make big welfare-related promises without a proper plan to fund them.
Rather than making it a public cause, if these had been made private causes involving every citizen of the country, some positive results would have been there.
The social safety net for the Indian population is adequate, though improvements in health and education infrastructure are necessary and can be achieved through reallocating capital expenditure.
The interim budget, to be presented on 1 February, is likely to maintain focus on fiscal consolidation along with a thrust on capital expenditure, although at a moderated pace.
While the courts and media come down heavily on this culture, political parties continue to announce freebies. They do this under the pretext of promising a ‘welfare state’.
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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