Photo: Prabhat Khabar
Jharkhand Govt Unveils Rs 1.01 Lakh Crore Budget For Fiscal Year 2022-23
Jharkhand government on March 3, unveiled a budget of Rs 1.01 lakh crore for the fiscal year 2022-23. The new budget focuses on enhances health and infrastructure. The new proposal projected a massive jump of 59% in the captial expenditure, to Rs 24,827.70 crore. Finance minister Rameshwar Oraon said, "Captial expenditure is essential for the development of the state". Also, the revenue expenditure has been projected at Rs 76,273.30 crore. … read-more
Tags: Budget, Jharkhand, Rameshwar Oraon, business, capital expenditure
Courtesy: Press Trust Of India
Photo: Military Watch
Stockholm Institute Ranks India As 3rd Most Military Spending Nation
The Stockholm International Peace Research Institute ranked India as the third-largest military spender in the world in 2020, after the US and China. With total military expenditure of $72.9 billion in 2020, India clocked 3.7% of the global military expenditure. Meanwhile, the top two countries US and China spent 39% and 13% respectively of the global share. Notably, India's spending increased by 2.1% from 2019 amid the pandemic.
Tags: SIPRI, Stockholm, Military, Military Technology, capital expenditure, Indian Army
Courtesy: Indian Express
Photo: The Financial Express
MP - First To Get Rs 660 Cr Funds Under Aatmanirbhar Package
After being allocated Rs 600-crore funds, Madhya Pradesh became the first state to get additional funds for capital expenditure projects. The Union allocated these funds to cater to various reforms like One Nation, One Ration Card, Ease of Doing Business and Urban Local Bodies. Moreover, the Union has issued 50% of the sanctioned amount as the first instalment. Reportedly, the Centre announced its special assistance under the Aatma Nirbhar… read-more
Tags: Madhya Pradesh, FINANCE MINISTRY, capital expenditure, Special Assistance to States for Capital Expenditure
Courtesy: BusinessWorld
