-The Telegraph The RBI’s inflation analysis goes against the grain The budget for 2022-23 was saluted for its growth push despite the record gap in revenues and expenditures: Rs 15 trillion would be borrowed to fill these. This, however, did not hold back the stock market from touching the sky, nor commentary greeting the raised capex to draw in private investments, create jobs, and support demand. Days later, the euphoria subsided as...
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Sanjeev Sanyal, principal economic advisor, interviewed by Kamalika Ghosh (OutlookIndia.com)
-OutlookIndia.com The principal economic advisor is confident of achieving GDP growth promised by finance minister Nirmala Sitharaman in the budget but is also cautious that some external factors can derail the projections Automobiles and two-wheelers are seeing muted sales not because of a low-demand situation afflicting the sector, but because there is a supply-side issue about chips, principal economic advisor to the government Sanjeev Sanyal told Outlook Business. He also said that...
More »PM CARES Collected Rs.10,990 Crore Till March 2021, Spent ₹ 3,976 Crore -Arvind Gunasekar
-NDTV.com Billed as a "dedicated fund with the primary objective of dealing with any kind of emergency...", PM CARES spent ₹ 3,976 crore in the first year of its operation New Delhi: 64 per cent of the Rs.10,990 crore collected by the PM CARES Fund between March 27, 2020, and March 31, 2021, remained unused as of the latter date, according to data accessed by NDTV. As of March 2021, the PM CARES...
More »One-third of Rs.10,990 crore in PM CARES fund spent: ‘20-’21 audit -Priscilla Jebaraj
-The Hindu ₹3,976 crore spent during 2020-21; ₹100 cr promised for vaccine development not allotted The PM CARES Fund collected ₹10,990 crore since its inception in March 2020 until March 2021. It spent ₹3,976 crore during the 2020-21 financial year, according to the audited financial statement posted on its website. As on March 31, 2021, the Fund had an unspent balance of ₹7,044 crore. The Fund was set up to deal with “any...
More »A Story of Intimidation, Illegality and (No) Right to Information in Gujarat -Anusha R
-Newsclick.in With the increasing political climate of stifled dialogue and dissent, a denial of information sought in the legitimate Interest of the public, imposing fines, and subsequent ambiguity in the face of procedural safeguards is not just disheartening, but also dangerous. It is the year 2022, almost 17 years since the Right to Information Act, 2005 (RTI Act) has been passed. Albeit, in a functional democracy, the emerging field realities would have...
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