-National Herald Universal cash transfer to non-income tax households is imperative apart from covering investment on Infrastructure, including social Infrastructure like healthcare A striking aspect of the 24 per cent decline in GDP in the first quarter of 2020-21 compared to the previous year’s first quarter is the decline by 10.3 per cent in public administration, defence and other public services. This is a sector where the GDP is estimated not by...
More »SEARCH RESULT
Total Matching Records found : 3576
China loan horse without a mouth -Imran Ahmed Siddiqui
-The Telegraph Modi govt formally confirms that India took two loans totalling Rs 9,202 crore from a Beijing-based multilateral development bank in the thick of the border standoff June 15: Chinese troops kill 20 Indian soldiers in the Galwan Valley. June 19: India signs a loan agreement with the Asian Infrastructure Investment Bank (AIIB) for $750 million (Rs 5,521 crore) to support measures undertaken under the Pradhan Mantri Garib Kalyan Yojana (PMGKY). China...
More »UP's New Special Security Force Can "Search, Arrest Without Warrant" -Alok Pandey
-NDTV.com In a series of late-night posts, the UP government Twitter handle quoted Additional Chief Secretary (Home) Awanish Awasthi as saying that "eight battalions of the UPSSF will be constituted initially at a cost of ₹ 1747.06 crore". Lucknow: A special force will be set up in Uttar Pradesh, with powers similar to the CISF (Central Industrial Security Force), that can search and arrest without a warrant, the state government said on...
More »Big rural credit push from RBI, start-ups put in priority sector -George Mathew
-The Indian Express Loan limits for renewable energy, health Infrastructure doubled The Reserve Bank of India (RBI) on Friday brought financing of start-ups under the priority sector lending (PSL) category of the banking sector, proposed more credit flow to districts with lower PSL, and doubled loan limits for renewable energy and health Infrastructure “to align it with emerging national priorities and bring sharper focus on inclusive development.” In a bid to address regional...
More »India must aim for wider consumer base, direct public spending accordingly -Suvodeep Rakshit and Avijit Puri
-The Indian Express To achieve economic growth of 7-8 per cent, the government needs to start addressing some of the traditional sore points such as the large Infrastructure deficit, the weak financial sector, archaic land and labour laws, and the administrative and judicial hurdles. India entered the pandemic with declining growth and limited scope for a conventional and large fiscal stimulus. We had noted in an article (IE, January 20, ‘Limited scope...
More »
