“With a view to managing the cash flows, it has been decided to retain and continue with the same expenditure management measures, stipulated for Q1 and Q2, for Q3,” the finance ministry said in an office memorandum to ot
So, if the CPSEs, on their part, have not cleared a large portion of their dues to the industry (public and private), and the outstanding amount touched Rs 60,500 crore at March end, 2020, it is due to this vicious cycle of d
Mindful of its fragile fiscal position, the government of late applied brakes on certain spending. Its expenditure in July grew just 6% on year, compared with 46% growth achieved in June and the budgeted spending growth of 13
If the Centre’s dues of Rs 2.5 lakh crore to the Food Corporation of India (FCI) are added, as on March 31, 2020, the unpaid dues by the government to various economic players could climb to around Rs 9.5 lakh crore or 4.2%
Given ESIC's Rs 80,000-crore reserve funds, it is also being nudged to build more modern hospitals across the country and provide cashless healthcare services to attract people with health insurance coverage.
Unlike the rural job guarantee scheme, where most of the budget cost are attributable to wages, material component will be high in the urban scheme as most structures to be created under it will be durable.
In the global financial meltdown year 2008-09 and later in 2014-15, the government had bought/sanctioned purchase of a total of over 22,500 buses under JNNURM (later renamed as AMRUT). The said purchase aided auto majors like
Others, including the PSU biggies in the energy, engineering and capital equipment sectors, not to mention those in non-strategic sectors like hotel and tourism and trading, could go under the hammer as and when their turns c
The departments which will now have to restrict the overall expenditure within 15% of BE Q2FY21 include commerce, industry, telecom, defence (civil), housing & urban affairs, school & higher education, water resources, drinki