The allocation under the Mahatma Gandhi National Rural Employment Guarantee Act was reduced in the Budget for 2023-24 because there has been a huge increase in the allocation for two other rural development programmes, Union Finance Secretary T.V. “The estimate is lower than last year’s budget — the reduction is because there has been a huge increase in two other …
The decision to raise the investment ceilings in small savings schemes is aimed at benefiting senior citizens and the middle class who park funds in safe government deposit schemes offering higher returns than banks, Finance Secretary TV Somanathan has said. The government every quarter reviews and fixes the interest rate for small savings schemes The Budget 2023-24 raised the maximum …
The first lot of vaccines were procured by the Centre using PM CARES funds at a higher rate than the subsequent rounds paid for by budgetary allocations, The Hindu has learnt from the response to a Right to Information request by a transparency activist. The Health Ministry response said that the initial 5.6 crore doses of Covishield were bought at …
