Friday, November 22, 2024

Frontload devolutions to states: Revenues likely to top estimates by Rs 2 lakh crore; states can use the funds to prop up the recovery

Sunday, October 31, 2021, 23:15
This news item was posted in Business category and has 0 Comments so far.

Some economists have observed that the muted spends probably have more to do with slow execution rather than a lack of resources. Now that much of the economy has been opened up, the government needs to make sure projects get going; the Gati Shakti initiative should help speed up the process.

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