The finance ministry has informed Parliament that the government’s focus is on enhancing the quality of public spending, while also strengthening social security for the underprivileged. Despite global economic instability, the government is committed to reducing the fiscal deficit to under 4.5% by next financial year, emphasizing higher capital expenditure and reducing wasteful spending.
Related Posts
Canada to slap 100% tariff on Chinese electric vehicles
Canada announced a 100 per cent tariff on Chinese electric vehicles and a 25 per cent tariff on steel and aluminum imports from China. This […]
China sanctions 13 US military firms over Taiwan arms sales
China imposed sanctions on 13 US military companies and six executives following US arms sales to Taiwan and President Lai Ching-te’s US transit. Beijing views […]
SC cancels Byju’s 158 crore settlement with BCCI
The Supreme Court has annulled Byju’s Rs 158 crore settlement with the BCCI for sponsorship dues of the Indian cricket team, citing the payment’s dubious […]