-National Herald It is a scheme to engineer a transfer of income and wealth to those at the apex of the wealth pyramid. It is just a way to hand over wealth created with public money over decades to corporates Camouflaged In jargon that speaks of ‘monetisation of de-risked assets’, the BJP-led NDA government has announced its plan to sell out India’s public sector. In that plan, assets ranging from roads, ports,...
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Centre to farm out assets to private sector to raise Rs 6 lakh cr
-The Telegraph Roads and railway assets will unlock the greatest value with the estimates put at Rs 1.62 lakh crore and Rs 1.52 lakh crore, respectively The Narendra Modi government plans to farm out a vast trove of assets to the private sector over the next four years to raise Rs 6 lakh crore through an elaborate asset monetisation exercise. “This is not a fire sale of government assets,” Niti Aayog vice-chairman Rajiv...
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**page** [inside]KEY TRENDS of the Union Budget 2023-24[/inside] Budget 2023-24 is the last full budget before the general election scheduled for 2024. An analysis of the budget allocations suggests that the union government has squeezed expenditure, particularly on food subsidy and the NREGA budget, while boosting Capital expenditure and giving the middle class tax benefits. Social sector activists working on Right to Food, the National Rural Employment Guarantee Act (NREGA) came out with...
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