Spend More to Lift the Economy
Plan expenditure has been budgeted at around Rs 5.21 lakh crore this fiscal, marking a 26% rise over the previous year. The main purpose of stepping up allocations is to create more capital assets to boost a slowing economy. However, actual Plan spending till September amounted to 38.9% of the budgeted spending - the lowest proportion recorded since 2007-08......Read More
Next Story