The GoI s focus on increasing capital expenditure (capex) to address infrastructure and energy deficits has been significant. Public capex as a percentage of GDP has risen from 1.65% in 2019-20 to 3.2% in 2023-24, with its share in public expenditure increasing from 12.5% to 21.6%. This strategy, pursued even during the pandemic, has compensated for sluggish private investment, contributing to India s high growth rate above 7%. However, there s been a decline in revenue expenditure, affecting sectors like education and health, necessitating active policy measures like privatisation and asset monetisation to sustainably manage deficits and fund development.
Reddit signs a $60 million deal with Google to mine its content for training AI models. The deal raises questions about copyright laws, IPR, fair-use doctrine, and algorithmic bias.
Kayo Kayo Colour? (What Colour?), by Shahrukhkhan Chavada, an independent filmmaker from Ahmedabad, is a stirring poetic ode to the ordinariness of his community’s life rarely seen on the big screen in India.