-The Indian Express The Prime Minister’s Office and the Finance Minister have been meeting various stakeholders over the last week to discuss the slowdown which is adversely impacting various sectors now. With the economy on a continuous slide, the Prime Minister’s Economic Advisory Council Chairman Bibek Debroy said it is high time the government focused on expenditure and recommended a GST Council-like mechanism for the Centre and states to strategise on...
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Body blows to Indian education -Debaditya Bhattacharya
-The Telegraph Nirmala Sitharaman’s budget spells out the colossal failure that the draft NEP is fated to be In her budget speech on July 5, the finance minister, Nirmala Sitharaman, reiterated the government’s plan of bringing in a new National Education Policy, thereby initiating “major changes in both school and higher education”. Her announcement comes close on the heels of a draft NEP published by the ministry of human resource development in...
More »Five-year Yoga Day bill: Rs 114 crore -Vishal Narayan
-The Telegraph Allocation in some years was higher than the national commissions for SCs, STs, safai karmacharis and denotified tribes New Delhi: The ministry of AYUSH has spent Rs 114 crore celebrating the International Day of Yoga between 2015 and 2020, an RTI reply has revealed. In its reply, the ministry informed this website that it spent Rs 16.39 crore in 2015, Rs 18.03 crore in 2016, Rs 26.42 crore in 2017,...
More »India's non-agrarian rural economy struggles for sustenance -Richard Mahapatra
-Down to Earth Farmers and farm labourers, who want to quit agriculture, are stuck in the non-remunerative work since other sectors are not generating jobs at the required rate We are fairly sure by now that the upcoming Budget would be the first government instrument towards the prime minister’s ambitious plan of making India a $5 trillion economy by 2024. Currently, India is nearly a $2.8 trillion economy. It is obvious we...
More »India's budget math faces a tough challenge now -Nikita Kwatra
-Livemint.com To keep up with the pressure of making headline fiscal deficit numbers look good, the government has increasingly resorted to off-budget financing for revenue as well as capital spending As with every other Union budget in the country, all eyes will focus on the fiscal deficit number that India’s new finance minister, Nirmala Sitharaman presents on 5 July in her maiden budget speech. But for many investors and analysts, how that...
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