The Centre anticipates saving ₹30,000 crore in centrally sponsored schemes this fiscal year due to delayed state spending and improved monitoring. These savings may be allocated to other expenditures. Key flagship schemes under scrutiny include Ayushman Bharat and MGNREGS. Efforts to rationalise scheme numbers and funding shares between the Centre and states are ongoing.
Geopolitics, crude risk and the IT conundrum: Sridhar Sivaram on why investors may need to stay selective
Geopolitical tensions in West Asia are creating market uncertainty, impacting energy supplies and capital flows. While Indian equities have shown resilience, prolonged conflict could significantly