There is a need for more transparency in the budget to be presented next year. Whatever may be the need for finance for any new scheme in the present and future, their source should be known.
RBI's Monetary Policy Committee member Ashima Goyal said that the government is paying a large part of the revenue in the form of higher interest on the loan. The government should borrow only for productive sectors, which can generate more tax and other revenue. Goyal said that the last 10 months have been war-torn in Ukraine. This has pushed up international energy and food prices. India is particularly sensitive to this.
The fiscal deficit should be 4.5 percent in proportion to GDP
Goyal said efforts should be made to keep the fiscal deficit at 4.5% of GDP by 2025-26. It is expected that subsidies may be reduced as food and energy prices are coming down. Goyal said the mistake made in the 2000s should be avoided. At that time the expenditure was more than the tax revenue. The current economic policy is good.
Usman Khawaja took part in the press conference after scoring a brilliant century on the second d
Ruckus is increasing on the controversial statement given by RJD leader Surendra Yadav regarding
The Government of India has rejected the claim of private weather agency Skymet Weather. On Monda
Chief Minister Yogi Adityanath termed love jihad as a planned attack on Indian culture and warned
Coronavirus is once again spreading its foot in the country. According to INSACOG data, 349 cases
The Trump administration in the US has made a major change to the H-1B visa policy, increasing th
The Odisha government has directed the authorities of the private institute KIIT to take action a
The NIA has intensified its investigation into the recent blast near the Red Fort in Delhi. As pa
Earthquake tremors were felt in Uttarkashi district of Uttarakhand on Friday morning. During this
Severe heat and heat waves have been wreaking havoc across the country for the past several days.
