The spending priorities of the government suggest a conservative outlook as far as major social welfare spending is concerned. This has certainly helped the finance ministry to reduce the fiscal deficit.
Exclusive for Subscribers from Monday to Friday: Why Article 280 of the Constitution and ‘minority character’ of an educational institution are relevant to the UPSC Exam? What significance do topics like ‘acting’ DGP, Paytm and India’s fintech revolution have for both the preliminary and main exams? You can learn more by reading the Indian Express UPSC Key for February 1, 2024.
According to the budget papers, the Ministry of Consumer Affairs, Food & Public Distribution has been allocated Rs 2.13 lakh crore for the next fiscal year, lower than the 2023-24 allocation. Under this ministry, the allocation for the department of consumer affairs has been earmarked at Rs 303.62 crore for 2024-25 from Rs 309.26 crore in the current year.
PM Kisan Yojana: The beneficiaries must note that the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) 16th installment is expected to be released in February or March. Check how to update KYC.