Скачать с ютуб 10 Lakh Cr Capex Claim Misleading, Not All New or All Capex, Unlikely to be Fully Used—Pronab Sen в хорошем качестве

10 Lakh Cr Capex Claim Misleading, Not All New or All Capex, Unlikely to be Fully Used—Pronab Sen

Support The Interview with Karan Thapar - https://fij.mojo.page/support-the-int... In an interview that punctures holes in the initial impression of the budget and strips away some of its glitz and presentational glamour, India’s former Chief Statistician and one of the country’s foremost economists, Pronab Sen, says that the budget announcement of a 33% increase in capital investment by the government to 10 lakh crore amounting to 3.3% of GDP is misleading. He says a substantial part of this increase in capex has happened by reducing the capex of PSUs. Second, the 1.3 lakh crore going to the states as 50 year loans may not be an increase in capex but simply a change in the source of its funding. Third, some of this 10 lakh crore may not be capex at all depending upon how BSNL and BPCL utilize the 83,000 crore, which is 8.3% of the 10 lakh, which is allocated to them. It’s quite possible these two companies may utilize this as budgetary support rather than capex. Fourth, Prof. Sen says that it’s almost certain that perhaps up to 50% of the 2.4 lakh crore allocation to the railways and the 1.62 lakh crore for highways may not be used at all and could return to the government. Join The Wire's Youtube Membership and get exclusive content, member-only emojis, live interaction with The Wire's founders, editors and reporters and much more. Memberships to The Wire Crew start at Rs 89/month.    / @thewirenews