Tuesday, March 1, 2011

::India Will Raise Budget Spending by 17%>>

Go Finance Reporting in NEW DELHI - Indian Finance Minister, Pranab Mukherjee said it would raise the annual budget expenditure Interior Taj Mahal was approximately 17 percent.

The increase was used to project malnutrition programs and matters relating to health.

"This country has been long enough to bear the burden of hunger and malnutrition. Therefore, the allocation for social sector will be increased to 17 percent during the year," he said, quoted by the Associated Press (AP), Tuesday (03/01/2011).

Further, he explained, when the government plans to spend around $ 5, 9 billion for the health sector in the next fiscal year. The amount is increased approximately 20 percent from a year earlier. Meanwhile, education spending is also expected to increase.

"A Bill (the Bill) national food security, which will provide legal guarantees of subsidized food to low-income families will soon be socialized in the near future," he said. (GoFinance)

No comments:

Post a Comment