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NSO will not release report showing first decline in consumer expenditure in 40 years -Somesh Jha

-TheWire.in Consumer spending surveys help set the base year for key macroeconomic data, including gross domestic product. New Delhi: More than a month after National Statistical Commission (NSC) chairman Bimal Kumar Roy said the official survey report showing a dip in consumer spending for the first time in over four decades would be made public, the autonomous data body decided against releasing the report. When asked why the NSC departed from its earlier...

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Decoding the Priorities: An Analysis of Union Budget 2020-21 -CBGA

-Decoding the Priorities: An Analysis of Union Budget 2020-21, Centre for Budget and Governance Accountability (CBGA), February 2020 The publication presents an analysis of the priorities in Union Budget 2020-21, both on Public Expenditure and resource mobilisation front. It has been divided broadly into five chapters. The first chapter focuses on a host of important aspects under Resource Mobilisation, like domestic tax policy, international taxation policy, financial transparency, and Centre-State...

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Can Budget 2020 make good healthcare more affordable to common people? -Anupama Joshi

-The Indian Express As India inches towards its goal of universal healthcare, there is a need for the budget to try to ensure that healthcare sector requirements are well funded and the budget contains provisions that energise accessible, affordable and quality healthcare. Here's what the government can do to boost the healthcare sector. India’s annual healthcare spend hovers around 4 per cent of GDP with high out of pocket expenditure and low...

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Why India faces a public funding crisis -Rathin Roy & Puja Mehra

-Livemint.com * The Centre has no money for a stimulus package. Only the states can find a way to get India out of the slowdown * States, taken collectively, are the only hope. Despite loan waivers, they are in a better position to boost public spending. But that would require coordinated work between the Centre?and the states NEW DELHI: On 1 February, finance minister Nirmala Sitharaman will present an important Union budget. The...

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It will take decades to complete the sanctioned railway projects: government -Yuthika Bhargava & Sobhana K Nair

-The Hindu Public private partnership (PPP) is the only way out, Ministry tells parliamentary panel New Delhi: Even with an annual capital expenditure of about ?1.6 lakh crore for the Railways — which is the highest-ever — it will take decades to complete the sanctioned projects, the Ministry of Railways told a parliamentary panel on Monday, adding that public private partnership (PPP) is the only way out. The Ministry told the Standing Committee...

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