Tag: Nirmala Sitharaman

India’s Foreign Aid Allocation – A balance of Smart Management and Robust Foreign Policy
Featured, National, World

India’s Foreign Aid Allocation – A balance of Smart Management and Robust Foreign Policy

A healthy flow of funds as foreign aid with areas of strategic interest not only suits India's national interests but also displays its ideological maturity. As The Modi Government announced the budget for the year 2023, much of the fanfare went towards the important decisions around tax and the increase or decrease of expenditures in various sectors. From significant jumps to noted decreases that have made the news, the budget was well-received by most and often, as Clockwork, critiqued by those wanting to make an impression of improvement or political compulsion. However, the area of interest I wish to bring is the amount of foreign aid the Modi government has allocated this year and a possible explanation for it. It is pertinent to consider such important aspects around India's ...
Union Budget 2023 – A Responsible Budget Sans Fiscal Profligacy!
Analysis, Asia, National

Union Budget 2023 – A Responsible Budget Sans Fiscal Profligacy!

All inclusive growth strategy is the foundation of an independently developed economy and ready Bharat to play a larger global role. Bharat’s finance minister Nirmala Sitharaman presented a responsible budget on behalf of the BJP-led government on Wednesday. It is on expected lines. Conservative in content and spirit, but the budget for 2023 – 24 has a grand vision for taking Bharat to the big boys club globally. It lays the foundation for Bharat’s centennial run in 2047 by the time it seeks to evolve as an independent, inclusive and developed economy that is sustainable. The Rs 45 lakh crore budget swan song is to best utilize the ‘Amrit Kaal’, intervening 25 years to get there and get big. It’s in continuation of the Bharat@100 line given in both the Presidential speech and p...
India 2021 Budget – AatmaNirbhar Bharat, a Self-reliant India is the name of the game
Analysis, Featured, National

India 2021 Budget – AatmaNirbhar Bharat, a Self-reliant India is the name of the game

Finance Minister Nirmala Sitharaman said that Budget proposals will further strengthen the Sankalp of Nation First, Doubling Farmer’s Income, Strong Infrastructure, Healthy India, Good Governance, Opportunities for youth, Education for All, Women Empowerment, and Inclusive Development among others.The Budget proposals for 2021-22 rest on 6 pillars, which will aid in taking the country towards becoming a 'self-reliant' nationThere is substantial increase in investment in Health Infrastructure and the Budget outlay for Health and Well-being is Rs 2,23,846 crore in BE 2021-22 as against this year’s BE of Rs 94,452 crore, an increase of 137 percentage.Finance Minister said that for a USD 5 trillion economy, our manufacturing sector has to grow in double digits on a sustained basis.Under t...