The Reserve Bank of India has provided four key cues for the next finance minister of the NDA coalition to focus on in the upcoming Union Budget. These cues include maintaining fiscal discipline, boosting private investment, addressing the liquidity crunch in the financial system, and pursuing structural reforms to support economic growth. By heeding these recommendations, the new finance minister can help steer the Indian economy towards a path of sustainable development and prosperity.
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Govt panel to plan IAF's capability enhancement
The government has established a committee, led by Defence Secretary RK Singh, to develop a plan for enhancing the air force's capabilities by analyzing trends, projected requirements, and ongoing modernization efforts. The committee aims to produce a comprehensive report within four months, addressing the air force's need for more combat jets and other capability enhancement programs, such as the procurement of Medium Transport Aircraft (MTA). Additionally, it will focus on training and equipment to counter...
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