Recently, NITI Aayog has initiated SATH (Sustainable Action for Transforming Human capital), a unique and novel initiative to catalyze the change in social sectors. This programme was launched...
The new 15-year long-term vision has also included defence and internal security within its ambit. This entails strategic analysis of those aspects of security which are dependent on...
Here is a further objective analysis of the 15 years vision, seven year strategy and three year action agenda of the NITI Aayog. We have already discussed that...
Defence & Aerospace in Budget, 2017-18 The outlay for Defence in the Budget 2017-18 stands at Rs. 274113 Crore with a modest hike of 6% in allocation from...
The Budget 2017-18 was independent India’s first budget in which Railway Budget was presented as part of the Union Budget itself. The entire transport sector was given Rs....
The outlay on education sector this year has seen a rise of 9.9% from Rs.72,394 crore to Rs. 79,685.95 crore. Of the total outlay, Rs. 46,356.25 is for...
The major issues in the healthcare sector in India are low government spending and high out of pocket expenditure on health. There was an expectation of increased budget...
The budget 2017-18 has come with a big boost for the agriculture market due to increased push on infra, boost to affordable housing, fiscal deficit target of 3.2%...
The budget announcements for farmers / agriculture were focussed on the objective of doubling the farmers’ income in five years. Towards this, the key announcements made are as...
The key functions of a government budget are discussed below: Public Policy Document The budget serves as a public policy document expressed in money and is an embodiment...
Tax-to-GDP Ratio is obtained by dividing the GDP by gross tax collection. It’s an indicator of government income and is shown as percentage of GDP. Higher tax-GDP ratio...
