A reality check reveals that Sitharaman has cut down on capex in the current financial year from Rs 10,00,961 crore (BE) to Rs 9,50,246 crore (RE) while she has spent more than the budget estimates under heads like defence and food and fertiliser subsidies
Three credit rating agencies hold over 90 per cent of the global market. Two of these agencies have said that FM Sitharaman s interim budget changes little for them at this time. The government has been for long complaining about the rating agencies failing to acknowledge India s improving economic conditions and of biases in their approach.
Covid-19, war and now elections have forced a reversal of the rationalisation of subsidies of the 3Fs food, fertiliser and fuel that was undertaken during the Narendra Modi government’s first term.
The Camden Conference, a global affairs forum, is putting this year’s focus on India, with the upcoming Conference, INDIA: Rising Ambitions, Challenges at Home, February 16 – 18 at the Camden Opera House. “India has a large population, one of the.
After concerns over GDP calculations and covid deaths, PMO is taking steps to improve the domestic and international confidence in India’s statistical system