Union Budget 2018 must stimulate agriculture sector to help fertiliser players: ICRA
Budget | January 31, 2018 19:24 ISTIn recent years, subsidy allocation to the industry has fallen short of requirements resulting in recurring backlog of subsidy.
In recent years, subsidy allocation to the industry has fallen short of requirements resulting in recurring backlog of subsidy.
According to a report by news agency Reuters, the government is likely to raise its public health spending by 11 per cent in the upcoming budget, slated to be tabled in the Parliament on February 1.
Public sector investment on healthcare accounts for less than 1.5 per cent of GDP, which is one of the lowest globally, and the government intends to increase the expenditure to 2.5 per cent of GDP by 2025.
Former CBEC member said the sector can be brought under the GST as a deemed service.
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