Yearly Archives: 2023

EDUCATION IN BUDGETARY ALLOCATIONS

The budgetary allocation for education as a percentage of total expenditure has dropped over the past seven years, from 10.4% to 9.5%, the Economic Survey, 2022-23 says. While the expenditure on social services increased from ₹9,15,500 crore to ₹21,32,059 crore, the share of education within this umbrella category shrank from …

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HEALTH SPENDING INDIA

Almost half of all health spending in India is still paid by patients themselves directly at the point of treatment, though out-of-pocket expenditure has dropped as the government’s share of spending on health went up significantly after 2013-14, the Economic Survey 2022-23 says. The share of government in the total …

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‘AATMANIRBHAR BHARAT’

Identifying the shipbuilding industry as a strategically important industry for its role in energy security, national defence, and the development of the heavy engineering industry, the Economic Survey, 2022-23 noted that it has the potential to increase the contribution of the industry and the services sector to the national GDP. …

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NEW JUDGES FOR SUPREME COURT

The five-member Supreme Court Collegium, led by Chief Justice of India D.Y. Chandrachud, on Tuesday recommended to the government the names of Rajesh Bindal and Aravind Kumar, Chief Justices of the Allahabad and Gujarat High Courts, respectively, for appointment as judges in the top court. The court has seven vacancies …

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MYANMAR-INDIA RELATIONS

Myanmar today remains pessimistic about its future. Exactly two years ago, the military staged yet another coup, snatching power from the elected leaders. It derailed the limited democracy of the previous decade, violating the 2008 constitution which the generals had given to the people. The situation today The period since …

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SOLAR ENERGY IS NOT THE BEST OPTION FOR INDIA

The Hindu’s editorial, “Energy conundrum” (December 15, 2022), expressing caution about the country’s bubbling enthusiasm in the climate change agenda by going the whole hog on solar energy is timely but spartan, and needs amplification. Apart from the external pressure that is pushing India more and more into the so-called …

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THE ECONOMIC SURVEY

It is generally acknowledged that the Budget of 1991 which was presented by the then Finance Minister, Dr. Manmohan Singh, is one of Indian economic history’s landmark events. The Budget is still widely lauded by neo-classical economic commentators because it marked a structural shift in India’s economy away from the …

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GDP TO GROW 6.5% IN 2023-24

Painting an exuberant picture of the Indian economy’s prospects thanks to “New Age” reforms undertaken since 2014, the Economic Survey tabled by Finance Minister Nirmala Sitharaman in Parliament on Tuesday asserted that not only were the pandemic-induced blues over, but the outlook for the years ahead was also rosier than …

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E-GRAM SWARAJ 2.0

To support the ‘Minimum Government, Maximum Governance’ vision at the third tier of Government i.e., Panchayats, by the means of technology, the Ministry of Panchayati Raj organized Manthan: Charting New Paths, an Industry consultation on e-Gram SWARAJ 2.0 here today. The inaugural session of the national level conference was led by Dr. Chandra …

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FIRST G20 ENERGY TRANSITION WORKING GROUP MEETING

Shri Alok Kumar, Secretary, Ministry of Power briefing media in Bengaluru said that, the first G20 Energy Transition Working Group (ETWG) Meeting under India’s Presidency will be held in Bengaluru, from Feb 5-7, 2023. The meeting will have over 150 participants including G20 member countries, nine special invitee guest countries – …

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