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.
FPI inflows into Indian G-Secs dry up as US rate hike looms
Foreign investors are reducing positions in Indian debt after a key index inclusion was delayed. Inflows into Indian debt have significantly slowed down over the