The Finance Ministry is considering the possibility of borrowing under the Public Debt Management Act to finance new state investment projects in case the 3.2-trillion-baht budget expenditure for fiscal 2020 hits further snags. Solutions to push public investment to boost the country’s economic growth are crucial amid the export slowdown, as the state investment budget
Source- ndtv.com The government on Thursday rejected the findings of the World Bank’s Human Capital Index (HCI), which has placed the country at 115th position out of 157 countries on various parameters, such as survivability measured by under-five mortality rate. “The government of India, therefore, has decided to ignore the HCI and will continue to undertake
Source- indianexpress.com India expressed concern about the rupee’s decline for the first time and said it’s considering a plan to tap its citizens overseas, according to a government official. The local currency, Asia’s worst-performing major so far this year, which plunged as much as 1.3 percent to a record low Monday, pared losses after the comments.