Articles for Trillion Target

Centre seeks Parliament nod for net extra spending over ₹44,100 crore
3 weeks, 6 days ago

Centre seeks Parliament nod for net extra spending over ₹44,100 crore

Live Mint  

New Delhi: The finance ministry on Thursday sought Parliament's approval for net extra spending of ₹44,143 crore in the current financial year for administrative and subsidy requirements, showed the first supplementary demands for grants tabled in the House. The net additional spending of ₹44,143 crore is unlikely to have a big impact on the government’s fiscal deficit target of ₹16.1 …

Spending Crore Centre Parliament Fiscal
COP29 Climate Finance Deal Collapses as Developed Nations Resist $1.3 Trillion Target
1 month, 2 weeks ago

COP29 Climate Finance Deal Collapses as Developed Nations Resist $1.3 Trillion Target

The Hindu  

Published : Nov 24, 2024 17:46 IST - 6 MINS READ In the global climate negotiations that continued at the 29th edition of the Conference of Parties in Baku, Azerbaijan, between November 11 and 22, there was agreement on one issue. So, common sense suggests that developed countries, which are responsible for much of the cumulative carbon emissions that have …

Finance Global Climate Resources Public Private Cop
Confidence, certainty and potential behind China's 2024 growth target
9 months, 3 weeks ago

Confidence, certainty and potential behind China's 2024 growth target

China Daily  

The skyline of Beijing. BEIJING - China has targeted its economic growth at around 5 percent for 2024, a goal that officials and experts believe is well within reach considering the country's sound economic fundamentals and supportive macroeconomic policy mix. China's exports of the tech-intensive green trio -- lithium-ion batteries, photovoltaic products, and NEVs -- amounted to 1.06 trillion yuan …

Policy Growth China Development Economic This Year Target
‘Two sessions’: China sets 5 percent growth target, boosts military budget
10 months ago

‘Two sessions’: China sets 5 percent growth target, boosts military budget

Al Jazeera  

Beijing sets one of its lowest targets in decades amid property crisis, slowing exports and population decline. Li said Beijing would push ahead with “transforming the growth model”, including through tax reform, fostering talent in tech, boosting domestic consumption, removing barriers to private investment, and issuing 1 trillion yuan in special government bonds. China’s economic roadmap, which matches last year’s …

Economy Growth Chinese Beijing Target 5 Percent China Sets
What to expect at this year's NPC
10 months ago

What to expect at this year's NPC

China Daily  

The Great Hall of People in Beijing. Let’s look at the key announcements to watch for, including the government's 2024 growth target, fiscal stance for 2024, property sector policy and government’s plan to stimulate consumption. Most likely, the government will announce: an official budgetary deficit at 3 percent of GDP, unchanged from 2023 target; and 4 trillion yuan of local …

China Housing Projects Sector Yuan Likely Target
Govt’s budget under strain from Day 1 of new fiscal year
4 years, 9 months ago

Govt’s budget under strain from Day 1 of new fiscal year

Live Mint  

India kicks off its fiscal year with revenues under severe strain. “There will surely have to be some restructuring in expenditure profile and the fiscal deficit would indeed have to rise, not just because of higher expenditure but also because of weaker growth.” Even before the virus, Asia’s third-largest economy was on track for its weakest expansion in more than …

India Trillion Fiscal Rupees
Sitharaman unveils Rs 102 lakh crore infrastructure plan to achieve $5 trillion target by 2025
5 years ago

Sitharaman unveils Rs 102 lakh crore infrastructure plan to achieve $5 trillion target by 2025

India TV News  

Finance Minister Nirmala Sitharaman on Tuesday unveiled Rs 102 lakh crore of infrastructure projects that will be implemented in the next five years as part of the government's spending push in the infrastructure sector. Subsequently, a task force identified Rs 102 lakh crore worth of projects after conducting 70 stakeholder consultations in a short period of four months, she said. …

Infrastructure Projects Private Sector Crore Centre Sector Lakh
Opinion | A wasted opportunity to set the economy’s sights on $5 trillion
5 years, 6 months ago

Opinion | A wasted opportunity to set the economy’s sights on $5 trillion

Live Mint  

What has finance minister Nirmala Sitharaman, with $500 billion under her control to spend, done to put the 5th largest economy on the road to becoming a $5 trillion-economy in the next 5 years? Rather than peg the fiscal deficit at a mythical 3.3%, it would have made more sense to increase capital expenditure, which would have pushed the rate …

Economy Budget Rate Sitharaman Gdp Expenditure Trillion Target