Discover and read the best of Twitter Threads about #Expenditure

Most recents (5)

Critics have asked,wrt #Budget2021, how will @narendramodi govt manage finances

Well,for every rupee in govt coffers, 53paise will come from direct& indirect taxes,36p from borrowings &other liabilities,6p from non-tax revenue like disinvestment&5p from non-debt capital receipts
GST will contribute 15paise in every rupee revenue,corporate tax will contribute 13paise to each rupee earned;8paise for every rupee,will come from union excise duty,3paise from customs duty&income tax will yield 14paise to every rupee collected

Fiscal math has been worked out💪
On #Expenditure side,biggest outlay is for interest payments at 20paise for every rupee,followed by States' share of taxes&duties@16paise

Allocation for #Defence is 8paise &Expense on Central schemes is 14p, while allocation for Central schemes is 9paise

#Budget2021 #Modinomics
Read 6 tweets
Gross domestic product (GDP) is an important metric for any country. It helps measure the total monetary value of goods and services flowing through an economy over a particular period of time.

#GDP #GDPcalculation
In times of crisis, like the #coronaviruspandemic, the #GDP, along with other economic data points, is an indicator of the Indian economy’s health.
This doesn’t only include goods and services that were produced by domestic firms, but also the output generated by foreign companies in India as a result of foreign direct investment (FDI).
Read 15 tweets
With only a few days to go before the most comprehensive #lockdown announced by GoI comes to an end, participated in a VC with Hon PM to discuss the exit strategy to deal with fallout from #COVIDー19 Crisis & ways to kick start the #economy. Made the following suggestions.(1/n)
1. TESTING: Use Rapid test kits to segregate the people into red, yellow & green zones. Empowering employers to test their workforce, will reduce the burden on Govt and create green zones of productivity and help get economy back on track. (2/n)
2. #supplychain: They are extremely important to get the economy moving even in a partial manner. Allowing trucks to #transport goods and other #materials is vital for the #economy. The Govt might also consider ensuring Road side facilities for the drivers' #welfare. (3/n)
Read 11 tweets
Budget woven around three aspects - aspirational india, Economic development, caring society : @nsitharaman
#Budget2020 Image
Krishi Udaan will be launched by Ministry of civil aviation on international and national routes for value realisation of produce
@MoCA_GoI
Propose raising fish production to 200 lakh tonnes.
#fisheries #Budget2020
Read 19 tweets
Hi everyone! :) I'm Ute (pronounced like “Oohter” with the emphasis on the first syllable. Equivalents are Audrey in English, Aude/Odette in French), and first of all I would like to thank @Taraustralis for the privilege of letting me host “People of Space” this week!
@Taraustralis Another special thank you goes to my direct predecessors, @marmatheghost and @martinesrymd, for their great contributions! Both have inspired some of the things I intend to talk about over the next 7 days.
@Taraustralis @MarmaTheGhost @martinesrymd Tara created @people_of_space so people from all walks of life could talk about their passion to a larger audience. Her intention will in fact also be this week’s motto: “Space is for Everyone”.
Welcome aboard; enjoy the ride! :)
Read 152 tweets

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