The record
Written by software from the 1 report below. The points restate them; where one says why it matters, that is Prism's reading, not a reported fact.
- The Indian government is incentivizing states to boost infrastructure spending by offering 50-year interest-free loans.
- Officials are also leveraging the Public Financial Management System to digitize the distribution of funds for social schemes and subsidies.
- Authorities have compiled a comprehensive database of 10 crore farmers to improve the targeting of agricultural subsidies.
- Improved fiscal management and data utilization are intended to support the national goal of achieving a developed economy by 2047.
What to watch next
- Implementation of agri-stack for fertilizer distribution
- Impact of 50-year interest-free loans on state-level infrastructure development
Who said what2
Only words found exactly in the article are shown, attributed and linked to the line they came from.
V Vualnam
expenditure secretary
2 quotes · 1 outlet
“Fiscal prudence adopted by the government will act as the strong foundation in achieving India's Viksit Bharat goal”
In the article
…secretary V Vualnam on Thursday said that the Centre has been focusing on increasing capital expenditure and nudging states to increase infrastructure spending by giving 50-year interest free loans under a scheme. “ Fiscal prudence adopted by the government will act as the strong foundation in achieving India's Viksit Bharat goal ,” Vualnam said at an event here. The secretary also said that in the last few months when the external sector has been unpredictable and volatile, it has provided a very strong foundation to achieve the Viksit Bharat…
“About Rs 5 lakh crore every year is disbursed under centrally sponsored schemes to all states combined through a digitised system -- Public Financial Management System (PFMS)”
In the article
…the foundation as we move forward as a country looking at Viksit Bharat,” he explained. The government is also aiming to utilise information technology to channelise funds towards social sector schemes and subsidies. “ About Rs 5 lakh crore every year is disbursed under centrally sponsored schemes to all states combined through a digitised system -- Public Financial Management System (PFMS) ,” he said. “The public money that we manage is now exactly sent where it is required, to the exact beneficiary or to the exact project that it is required. So, on one hand the IT systems are helping us, but it is also…
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Named India · Government of India · V Vualnam
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