Tuesday, November 17, 2020

Pandemic problems for the Centre, Finance Ministry slashes department allocations by 30%

Typically, the finance ministry revisits budget allocations for an ongoing financial year when it begins work on the next budget. However, this year's discussions have been held in the shadow of Covid-19 and factored in several sets of reforms as well as financial support through four packages to provide relief to stressed sectors and vulnerable groups, and spur a turnaround.

from Economy-News-Economic Times https://ift.tt/36JxNWK

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