NEW DELHI: The Finance Ministry said on Saturday that it had approved Rs 9,879 crore for capital expenditure for 27 states under the Atmanirbhar Bharat package. All states except Tamil nadu They have taken advantage of the recently announced “special assistance to states for capital expenditure” plan. The scheme aims …
Read More »Forget fiscal stimulus, falling public spending is sinking the economy
The rate of contraction of the Indian economy slowed significantly in the second quarter, better than estimated by most economists, not because of government support, but despite the fact that the Center cut its spending, especially capital spending. , considered to stimulate the growth of the economy. In the September …
Read More »FM hints at new round of stimulus for this fiscal year
The government has not closed the option of a third stimulus package this financial year, Finance Minister Nirmala Sitharaman said on Monday, a week after announcing measures to boost consumer spending and capital spending. “I have not closed the option of another stimulus package if it turns out to be, …
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