Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
LATEST NEWS UPDATES | The Enormous Extra Spend In Budget Is An Illusion -Aunindyo Chakravarty

The Enormous Extra Spend In Budget Is An Illusion -Aunindyo Chakravarty

Share this article Share this article
published Published on Feb 2, 2021   modified Modified on Feb 3, 2021

-NDTV blog

Nirmala Sitharaman said: "We have spent, we have spent and we have spent." She had every reason to claim that, since the budget numbers show that the centre spent 4.1 lakh crore, or 13 percent above what it had planned for last year. Additional spending will continue this year: expenditure is estimated to go up by 14.5 percent in 2021-2022 compared to last year, even though the government's revenue is expected to drop by 12 percent. That's why people are hailing it as an "expansionary" budget that will stimulate demand in the economy.

Economists and pundits have also praised the Finance Minister for coming clean on subsidies. It is an open secret that successive Finance Ministers have made their fiscal deficits look smaller by taking a chunk of food and fertilizer subsidies off the books - and asking Food Corporation of India (FCI) and fertiliser companies to borrow the rest. This year, Ms Sitharaman has decided to end that practice and account for the entire food subsidy in the budget itself.

Please click here to read more.


NDTV blog, 2 February, 2021, https://www.ndtv.com/blog/the-enormous-extra-spend-in-budget-is-an-illusion-2361861?pfrom=home-ndtv_topstories&fbclid=IwAR2N81MXMCV9HCkD7gyJvBr7CdPO95lMmX5zeC45Zygy31uCqgB8G8dcoyQ


Related Articles

 

Write Comments

Your email address will not be published. Required fields are marked *

*

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later

Contact Form

Please enter security code
      Close