18 January, 2021

Dream Dialogue

Dream Dialogue
outlookindia.com
-0001-11-30T00:00:00+05:53
  • Assumed inflation is 4.5 per cent, and growth 6-6.5 per cent compared to five in '02-03. That's a big gamble.

  • Over half a point of new debt is on account of bailouts and LIC scheme subsidy. So, fiscal expansion is less.

  • Road schemes will be financed solely by Rs 15,237 crore of oil cesses paid by the public.

  • 9 per cent annuity scheme for the over-55 benefits only the rich as well as creates huge hidden subsidy.
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