-ThePrint.in V. Anantha Nageswaran says he is surprised by Fed's hawkishness in hiking rates. With US inflation hitting 4-decade high in February, Fed raised rates in March and plans more hikes. New Delhi: Expectations of the United States Federal Reserve hiking rates aggressively in 2022-23 to contain inflation, and volatility in global crude oil prices as result of the Russian invasion of Ukraine, are two strong headwinds confronting the Indian economy in...
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Parliamentary Panel Flags Slow Increase in Health Budget -Priyanka Ishwari
-Newsclick.in The budgetary allocation for health was only 2.1% of the total Budget Estimates for 2022-2023. New Delhi: A Parliamentary Standing Committee has raised concerns over “less priority” being accorded to the health sector in the Budget. The committee, headed by Samajwadi Party Rajya Sabha member Ram Gopal Yadav, noted that “the budgetary allocation for the ministry of health and family welfare accounts for 2.1% of the total BE 2022-23 (Budget Estimates...
More »Delhi Ranks 3rd In Per Capita Income, Behind Sikkim, Goa: Economic Survey
-NDTV.com/ PTI The survey also said that Delhi's GDP at current prices increased by about 50 per cent in the last six years from Rs.6,16,085 crore in 2016-17 to Rs.9,23,967 crore in 2021-22. New Delhi: Delhi ranked third in terms of per capita income behind Sikkim and Goa, according to the Economic Survey of Delhi 2021-22. The survey also said that Delhi's GDP at current prices increased by about 50 per cent in...
More »Rural Distress Makes India Inc. Call for Higher MGNREGA Allocation -Rabindra Nath Sinha
-Newsclick.in By doing so, the corporate sector seems to have cautioned the government against expecting a fast rebound in industrial activity, as there is sizeable idle capacity in the absence of consumption demand. Kolkata: Rural stress and funds for the rural job guarantee scheme were surprise additions in the organised corporate sector’s listed points for the post-Budget interaction with the Union government held on February 5 under the aegis of the Confederation...
More »If India wants to spend its money well, it should build infrastructure that is climate resilient -Flavia Lopes
-IndiaSpend.com/ Scroll.in In the 2022 Budget, the Centre proposed to earmark Rs 1-lakh crore in interest-free loans for states, some of which will be used for developing infrastructure. In May 2021, when Cyclone Yaas hit the eastern coast of India, a hospital in Bihar’s capital Patna was inundated in the floods and patients had nowhere to go. In September 2021, parts of the national capital, Delhi, were waterlogged because of heavy rains...
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