nominal GDP

Govt seeks House nod for extra ₹51,463 cr spending

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Govt seeks House nod for extra ₹51,463 cr spending

New Delhi: The government Monday sought parliamentary approval for an additional net expenditure of ₹51,463 crore in the second and final batch of supplementary demands for grants for the current fiscal, on top of the ₹44,143 crore approved in the first batch in December last year. Despite the extra expenditure, the government expects to contain … Read more

Govt sticks to $5 trillion economy target; emphasis on infra aimed at achieving goal: DEA Secretary

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Govt sticks to trillion economy target; emphasis on infra aimed at achieving goal: DEA Secretary

The government is sticking to the target of becoming a USD 5 trillion economy by 2024-25 and emphasis on infrastructure sector and other initiatives taken in Budget 2021-22 are aimed at achieving the goal, Economic Affairs Secretary Tarun Bajaj has said. The Budget presented by Finance Minister Nirmala Sitharaman on Monday has given a big … Read more