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The slowdown in India’s GDP growth is not a cause for concern, but it underscores the need to amplify capital expenditure and enhance state efficien

आरोग्यसेवेत सुधारणा करुन राष्ट्रीय उद्दिष्ट गाठण्यासा�

The current momentum in government funding within the health sector needs to be maintained if India has to get near the national goal of public sector

This paper dissects the causes behind Pakistan’s ongoing economic crisis. The causes include dwindling forex reserves, the phenomenon of ‘galloping inflation’, a falling Pakistani Rupee, uncompetitive and undiversified export basket, burgeoning external debt, lack of fiscal prudence, debt distress, and a worsening business environment—all cascading to a balance of payment crisis. While austerity measures, appeals for loan rollover to debt

The defence component of the national budget accounts for 14% of central government expenditure, but gets less than 5% of media space. Virtually no discussion on the issue takes place in Parliament either. A call for increased resources for national defence usually goes out only when defence spending by Pakistan and China makes headlines.

Presenting the Interim Budget 2024-’25 on 1 February, the finance minister announced an allocation of INR 6,21,541 crore (approx. US$75 billion) for the Ministry of Defence (MoD). Representing 1.9 percent of Gross Domestic Product (GDP) and 13 percent of Central Government Expenditure (CGE), MoD’s new budget is an increase of 4.7 percent over the previous outlays. This brief examines the MoD’s latest budget and contextualises it in the curr

There has to be an increase in government expenditure in labour-intensive industries and it cannot just rely on the monetary policy through interest rate cuts to stimulate demand.