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Budget 2023: Higher spending on education, healthcare; lower fiscal deficit likely

Finance Minister Nirmala Sitharaman will present the Union budget in the parliament today, its widely projected that the Narendra Modi-led government is likely to seek to lower its fiscal deficit while encouraging investment by offering incentives.

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Finance Minister Nirmala Sitharaman

Finance Minister Nirmala Sitharaman will present the Union budget in the parliament today, its widely projected that the Narendra Modi-led government is likely to seek to lower its fiscal deficit while encouraging investment by offering incentives.

The central government is also expected to ramp up state spending to counter the global slowdown.

Officials believe that in spite of upcoming elections in many states and next year’s Lok Sabha polls in the background, major relief for households may not be on the cards due to fiscal cards as the budget is likely to focus on long-term growth.

Sitharaman is expected to continue the Modi government’s policy of increasing capital spending on public infrastructure, introducing lower tax rates and labour reforms and more subsidies to the poor in a bid to win their support.

The finance minister is likely to announce around 10% to 12% increase in budget allocations for health, education and rural projects as many insiders believe that the annual budget will continue the economic reforms started by Prime Minister Narendra Modi since coming into power in 2014.

BJP economic affairs spokesman, Gopal Krishna Agarwal, pointed out that the easing of retail inflation, higher state spending and growing bank credit would help the economic recovery ahead of Lok Sabha elections.

However, critics have claimed that Modi government’s economic policies have majorly benefited large companies while burdening the middle class with more taxes who are facing a dip in growth in real income and jobs.

Read Also: Union Budget 2023: Where and how to watch Finance Minister Nirmala Sitharaman’s speech LIVE?

The Economic Survey released by Sitharaman on Tuesday warned of effects of global slowdown and forecasted that the economy would grow 6% to 6.8% year-on-year next fiscal year, down from 7% projected for the current year.

Chief Economic Adviser (CEA) V Anantha Nageswaran projected that India’s economy was poised to do better and expected to grow at 6.5-7 percent till the end of the decade. Nageswaran said that the inflation is likely to be “well behaved” in the coming fiscal year barring any unforeseen factors.

The International Monetary Fund (IMF) has projected India’s growth to dip slightly from 6.1 percent to 6.8 percent during the current fiscal year ending on March 31. IMF also expects some minor slowdown in the Indian economy in the next fiscal year.

According to the January update of the World Economic Outlook released by global fiscal body on Tuesday, global growth is projected to fall from a projected 3.4 percent in 2022 to 2.9 percent in 2023, then rise to 3.1 percent in 2024.

Union Budget 2023: 5 big expectations from Nirmala Sitharaman

Union Budget 2023: Budget to be presented today at 11 am, know the full schedule here

India News

UP Police arrest Karni Sena activist for objectionable remarks against Akhilesh Yadav in Aligarh

Circle Officer Abhay Kumar Pandey reported that Chauhan’s past conduct revealed a troubling history, with over six prior cases registered against him since 2016.

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UP Police have arrested Mohan Chauhan, a member of the Karni Sena, who made the controversial announcement of a bounty on Samajwadi Party MP Ramji Lal Suman last week, after his inflammatory statements against Samajwadi Party chief Akhilesh Yadav.

Chauhan was taken into custody at his home within the Jawan police station jurisdiction, as officials deemed his remarks a potential threat to peace. The local police acted on a complaint submitted by Laxmi Dhangar, the district president of the Samajwadi Party, on April 16.

Circle Officer Abhay Kumar Pandey reported that Chauhan’s past conduct revealed a troubling history, with over six prior cases registered against him since 2016.

His most recent actions included a public declaration of a ₹25 lakh reward for the head of MP Suman, who recently made headlines for labelling 16th-century Rajput king Rana Sanga a “traitor.” This comment stemmed from Suman’s assertion that Rana invited Babur, the Mughal dynasty’s founder, to overthrow Sultan Ibrahim Lodi.

In a video that circulated widely on social media, Chauhan claimed that Suman would face repercussions for his remarks and suggested he would be willing to take matters into his own hands if given the opportunity.

Moreover, a complaint regarding Chauhan’s rhetoric directed at Suman had been previously lodged by Aarti Singh, the Aligarh chief of the SP Mahila Sabha, at the Gandhi Park police station on March 29. Following the investigation, the case was reassigned to the Jawan police station, where Chauhan resides.

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India News

Zikra, woman don from Delhi, sent to 2-day police custody in Seelampur murder case

The incident has raised alarm in the Seelampur community and adds to a growing concern regarding youth violence in the area.

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In the Seelampur case, Zikra, a woman don from Delhi, was remanded to two days of police custody on Saturday after her arrest linked to the brutal murder of a 17-year-old boy named Kunal.

During a court hearing, police expressed the need for Zikra’s detention to aid in identifying additional suspects involved in the crime and to locate the murder weapon, according to reports. Investigators have suggested that Kunal was fatally attacked by Zikra’s cousins, Sahil and Dilshad, both of whom are currently evading capture.

The background of the conflict dates back to November, when Zikra’s cousin, Sahil, was assaulted by two individuals named Lala and Shambhu, who were reportedly friends of Kunal. Although Kunal witnessed the incident, his youth precluded his inclusion in the police report. In a bid for revenge, Zikra and Sahil targeted Kunal, culminating in the tragic altercation that claimed the teenager’s life.

In response to the escalating violence, the Delhi Police have mobilised ten dedicated teams to track down the remaining suspects. Officers are actively analysing CCTV footage to determine escape routes and are conducting raids throughout the sprawling city in search of the accused.

Delhi Chief Minister Rekha Gupta has publicly addressed the incident, assuring the public that justice will be served in the case of Kunal’s death. “I have been in touch with the Police Commissioner regarding this heartbreaking case. Kunal suffered fatal injuries from knifewounds and was pronounced dead upon arrival at Lok Nayak Jai Prakash Narayan Hospital,” Gupta stated during a press briefing.

However, the victim’s mother has voiced her frustration and anxiety, claiming she has not received any updates from law enforcement and alleging that officials may be inadvertently aiding the suspects’ escape.

The incident has raised alarm in the Seelampur community and adds to a growing concern regarding youth violence in the area.

Zikra’s notoriety stems from her criminal past; she is a resident of Seelampur and had recently been released from prison after serving time for violations under the Arms Act. Known for her bold demeanour and always carrying a firearm, Zikra had cultivated a reputation in the underbelly of the city’s criminal scene.

Prior to her arrest, she worked as a bouncer for Zoya, the spouse of imprisoned gangster Hashim Baba. Reports indicate Zikra was attempting to establish her own gang following Zoya’s incarceration in a drug-related case, potentially exacerbating tensions in the area.

As the investigation unfolds, questions linger not only about the nature of the crime but also about the underlying social issues that have led to such violence among youth in the community.

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Entertainment

Malayalam actor Shine Tom Chacko arrested in drugs case

However, Aloshious expressed frustration over the media leak of Chacko’s name and indicated her willingness to withdraw the complaint.

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Kerala Police arrested Malayalam actor Shine Tom Chacko on Saturday for suspected drug consumption, authorities confirmed. According to officials, a medical examination and further legal proceedings are underway.

Chacko faces charges under Sections 27 (consumption of narcotic drugs or psychotropic substances) and 29 (abetment and criminal conspiracy) of the Narcotic Drugs and Psychotropic Substances (NDPS) Act, according to reports.

The arrest follows an incident where Kochi city police issued a notice to Chacko on Friday, summoning him for questioning. The notice was linked to an alleged escape from a hotel during an anti-drug raid. As Chacko was not at his Thrissur residence, the notice was handed to his family.

A senior police officer clarified, “The notice was issued because the incident falls under the Ernakulam North Police Station’s jurisdiction.” Chacko was directed to appear before the Ernakulam North Police Sub-Inspector on Saturday to explain his actions during the raid.

Hotel raid and alleged escape

On Wednesday night, the District Anti-Narcotic Special Action Force (DANSAF) conducted a raid at a hotel near Kaloor around 10:45 pm, targeting a suspect in a drug-related case. Although the suspect was not found, police discovered Chacko’s name in the hotel’s guest register. When officers approached his third-floor room, he allegedly fled the scene.

CCTV footage and a viral video reportedly show Chacko escaping the hotel upon noticing the police. While no drugs were found during the raid, preliminary evidence points to Chacko as the individual who fled. No case has been filed directly related to the hotel incident due to the absence of recovered substances.

Recent Controversy

Chacko recently faced scrutiny after actor Vincy Aloshious accused him of “inappropriate behaviour” on the set of the unreleased film Soothravakyam. Aloshious had initially shared her concerns on Instagram, alleging misconduct by a co-actor under the influence of drugs. She later named Chacko in a formal complaint to the Film Chamber and the Association of Malayalam Movie Artists (AMMA).

However, Aloshious expressed frustration over the media leak of Chacko’s name and indicated her willingness to withdraw the complaint.

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