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<link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f7dc1af0f0a-trace').style.display = (document.getElementById('cakeErr67f7dc1af0f0a-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f7dc1af0f0a-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f7dc1af0f0a-code').style.display = (document.getElementById('cakeErr67f7dc1af0f0a-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f7dc1af0f0a-context').style.display = (document.getElementById('cakeErr67f7dc1af0f0a-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f7dc1af0f0a-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">>
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<span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/>
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<strong>Before Budget: Revenues Crash, Debt Mounts – But People Still Deprived -Subodh Varma</strong></h1>
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<p style="text-align:justify">-Newsclick.in</p><p style="text-align:justify"><em>The Modi government has created a huge mess of its finances in the past year cutting spending and borrowing heavily.</em></p><p style="text-align:justify">When the Union Budget is presented tomorrow (February 1), the government will have its hands full and pockets empty. In the current financial year, which will end on March 31, currently available information shows that revenues (government income) are going to be much short of what was estimated in last year’s Budget estimates. Spending is likely to be short of target, too, but it will be more than the income. This creates what is the biggest bug bear for today’s economists – a huge gap called fiscal deficit.</p><p style="text-align:justify">The government appears to have borrowed heavily to fill this gap, leaving the country enormously weighed down by debt. But strangely, this has not meant that spending on people’s welfare has gone up substantially. In a year when the people’s back was broken by the pandemic and the ill-conceived lockdown of the economy, the government has slashed spending on key necessities, and refused to spend money to mitigate the closure of the economy for agonisingly long months. This heartless approach is bound to be reflected in the Budget, too.</p><p style="text-align:justify">Please <a href="https://www.newsclick.in/Before-Budget-Revenues-Crash-Debt-Mounts-People-Still-Deprived" title="https://www.newsclick.in/Before-Budget-Revenues-Crash-Debt-Mounts-People-Still-Deprived">click here</a> to read more.</p> </font>
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<link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f7dc1af0f0a-trace').style.display = (document.getElementById('cakeErr67f7dc1af0f0a-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f7dc1af0f0a-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f7dc1af0f0a-code').style.display = (document.getElementById('cakeErr67f7dc1af0f0a-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f7dc1af0f0a-context').style.display = (document.getElementById('cakeErr67f7dc1af0f0a-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f7dc1af0f0a-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">>
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<p style="text-align:justify"><em>The Modi government has created a huge mess of its finances in the past year cutting spending and borrowing heavily.</em></p>
<p style="text-align:justify">When the Union Budget is presented tomorrow (February 1), the government will have its hands full and pockets empty. In the current financial year, which will end on March 31, currently available information shows that revenues (government income) are going to be much short of what was estimated in last year&rsquo;s Budget estimates. Spending is likely to be short of target, too, but it will be more than the income. This creates what is the biggest bug bear for today&rsquo;s economists &ndash; a huge gap called fiscal deficit.</p>
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<p style="text-align:justify">Please <a href="https://www.newsclick.in/Before-Budget-Revenues-Crash-Debt-Mounts-People-Still-Deprived">click here</a> to read more.</p>
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<p style="text-align:justify">When the Union Budget is presented tomorrow (February 1), the government will have its hands full and pockets empty. In the current financial year, which will end on March 31, currently available information shows that revenues (government income) are going to be much short of what was estimated in last year&rsquo;s Budget estimates. Spending is likely to be short of target, too, but it will be more than the income. This creates what is the biggest bug bear for today&rsquo;s economists &ndash; a huge gap called fiscal deficit.</p>
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<strong>Before Budget: Revenues Crash, Debt Mounts – But People Still Deprived -Subodh Varma</strong></h1>
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<p style="text-align:justify">-Newsclick.in</p><p style="text-align:justify"><em>The Modi government has created a huge mess of its finances in the past year cutting spending and borrowing heavily.</em></p><p style="text-align:justify">When the Union Budget is presented tomorrow (February 1), the government will have its hands full and pockets empty. In the current financial year, which will end on March 31, currently available information shows that revenues (government income) are going to be much short of what was estimated in last year’s Budget estimates. Spending is likely to be short of target, too, but it will be more than the income. This creates what is the biggest bug bear for today’s economists – a huge gap called fiscal deficit.</p><p style="text-align:justify">The government appears to have borrowed heavily to fill this gap, leaving the country enormously weighed down by debt. But strangely, this has not meant that spending on people’s welfare has gone up substantially. In a year when the people’s back was broken by the pandemic and the ill-conceived lockdown of the economy, the government has slashed spending on key necessities, and refused to spend money to mitigate the closure of the economy for agonisingly long months. This heartless approach is bound to be reflected in the Budget, too.</p><p style="text-align:justify">Please <a href="https://www.newsclick.in/Before-Budget-Revenues-Crash-Debt-Mounts-People-Still-Deprived" title="https://www.newsclick.in/Before-Budget-Revenues-Crash-Debt-Mounts-People-Still-Deprived">click here</a> to read more.</p> </font>
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<link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f7dc1af0f0a-trace').style.display = (document.getElementById('cakeErr67f7dc1af0f0a-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f7dc1af0f0a-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f7dc1af0f0a-code').style.display = (document.getElementById('cakeErr67f7dc1af0f0a-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f7dc1af0f0a-context').style.display = (document.getElementById('cakeErr67f7dc1af0f0a-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f7dc1af0f0a-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">>
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</span></span></code></pre><pre id="cakeErr67f7dc1af0f0a-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp'
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<p style="text-align:justify"><em>The Modi government has created a huge mess of its finances in the past year cutting spending and borrowing heavily.</em></p>
<p style="text-align:justify">When the Union Budget is presented tomorrow (February 1), the government will have its hands full and pockets empty. In the current financial year, which will end on March 31, currently available information shows that revenues (government income) are going to be much short of what was estimated in last year&rsquo;s Budget estimates. Spending is likely to be short of target, too, but it will be more than the income. This creates what is the biggest bug bear for today&rsquo;s economists &ndash; a huge gap called fiscal deficit.</p>
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<strong>Before Budget: Revenues Crash, Debt Mounts – But People Still Deprived -Subodh Varma</strong></h1>
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<p style="text-align:justify">-Newsclick.in</p><p style="text-align:justify"><em>The Modi government has created a huge mess of its finances in the past year cutting spending and borrowing heavily.</em></p><p style="text-align:justify">When the Union Budget is presented tomorrow (February 1), the government will have its hands full and pockets empty. In the current financial year, which will end on March 31, currently available information shows that revenues (government income) are going to be much short of what was estimated in last year’s Budget estimates. Spending is likely to be short of target, too, but it will be more than the income. This creates what is the biggest bug bear for today’s economists – a huge gap called fiscal deficit.</p><p style="text-align:justify">The government appears to have borrowed heavily to fill this gap, leaving the country enormously weighed down by debt. But strangely, this has not meant that spending on people’s welfare has gone up substantially. In a year when the people’s back was broken by the pandemic and the ill-conceived lockdown of the economy, the government has slashed spending on key necessities, and refused to spend money to mitigate the closure of the economy for agonisingly long months. This heartless approach is bound to be reflected in the Budget, too.</p><p style="text-align:justify">Please <a href="https://www.newsclick.in/Before-Budget-Revenues-Crash-Debt-Mounts-People-Still-Deprived" title="https://www.newsclick.in/Before-Budget-Revenues-Crash-Debt-Mounts-People-Still-Deprived">click here</a> to read more.</p> </font>
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latest-news-updates/before-budget-revenues-crash-debt-mounts-but-people-still-deprived-subodh-varma.html"/>
LATEST NEWS UPDATES | Before Budget: Revenues Crash, Debt Mounts – But People Still Deprived -Subodh Varma | Im4change.org
Before Budget: Revenues Crash, Debt Mounts – But People Still Deprived -Subodh Varma
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The Modi government has created a huge mess of its finances in the past year cutting spending and borrowing heavily.
When the Union Budget is presented tomorrow (February 1), the government will have its hands full and pockets empty. In the current financial year, which will end on March 31, currently available information shows that revenues (government income) are going to be much short of what was estimated in last year’s Budget estimates. Spending is likely to be short of target, too, but it will be more than the income. This creates what is the biggest bug bear for today’s economists – a huge gap called fiscal deficit.
The government appears to have borrowed heavily to fill this gap, leaving the country enormously weighed down by debt. But strangely, this has not meant that spending on people’s welfare has gone up substantially. In a year when the people’s back was broken by the pandemic and the ill-conceived lockdown of the economy, the government has slashed spending on key necessities, and refused to spend money to mitigate the closure of the economy for agonisingly long months. This heartless approach is bound to be reflected in the Budget, too.
