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Government Spending Skewed Towards Rural, Health Sectors During Covid-19 Pandemic
20 government ministries and departments saw a rise in expenditure, while 35 saw a contraction during the Apr-July period.
11 Sep 2020, 07:13 PM IST
Government spending held up the Indian economy in the April-June quarter when a nationwide lockdown led to a sharp fall in private consumption and investment. But the pattern of government spending also underwent a sharp turn with some ministries seeing a jump in expenditure while others turned austere.Government expenditure made up a fifth of the country’s GDP in the first quarter of FY21, compared with about 15% a year earlier. Spe...
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