Al Jazeera — India promises economy to 'take off' with new budget

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Al Jazeera
India promises economy to 'take off' with new budget

AP

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Revenue expenditure includes items that do not create any assets including salaries, interest payments, and subsidies. Capital expenditure includes items that create assets such as schools, roads and other infrastructure or repayment of loans. It is the capital expenditure where this budget has clearly stepped up.... 

In summary, the government is stepping on the gas on capital expenditure and on capital receipts. The plan is to build India’s future assets by monetising [privatizing] existing ones. Onward to execution now.

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