Union Budget 2022: Health sector allocation up 16%, new programme for mental wellbeing announced

Union Budget 2022: Health sector allocation up 16%, new programme for mental wellbeing announced

For the National Health Mission, the budget allocation increased from Rs 36576 crore in 2021-22 to Rs 37,000 crore in 2022-23. The health sector has been allocated Rs 86200.65 crore in the Union Budget, a hike of 16 percent over Rs 73,931 crore in 2021-22, with the government also announcing a National Tele Mental Health … Read more

8-8.5% forecast more realistic; capex cycle to improve in FY23: CEA V Anantha Nageswaran

8-8.5% forecast more realistic; capex cycle to improve in FY23: CEA V Anantha Nageswaran

The growth projection for FY23 is on the conservative side as compared to estimates of other agencies and institutions, the newly-appointed Chief Economic Advisor (CEA) V Anantha Nageswaran said in his first media interaction post presentation of Economic Survey 2022. The government has focussed on short-term support to vulnerable sections, medium-term fiscal stability, but never … Read more

Nearly 100 cities see improved air quality as govt takes steps to check pollution, says Economic Survey

Nearly 100 cities see improved air quality as govt takes steps to check pollution, says Economic Survey

About 86 per cent of fund has been allocated for demand incentive so as to create demand for electric vehicles (EVs) in the country, it added. As many as 96 cities across the country have witnessed an improvement in the air quality with the government taking a host of measures, including steps to curtail vehicular … Read more

Economic Survey may lower FY23 growth numbers

Economic Survey may lower FY23 growth numbers

The Economic Survey that will be presented ahead of the Budget could forecast the real economic growth for fiscal 2023 to be lower than the 9.2% estimated for the current financial year, government officials said. The survey is expected to project a strong recovery after the ongoing Covid-19 wave, but statistical growth is expected to … Read more