The Union Budget often garners attention for new schemes, but the real story lies in their execution. Despite ambitious allocations, key programs like PMAY and Jal Jeevan Mission face significant spending shortfalls, raising concerns about rural distress and economic growth. Effective governance, not new announcements, holds the key.When it’s time to unveil the Union Budget, few finance ministers have missed the opportunity to announce new schemes and new plans. Finance Minister Nirmala Sitharaman’s eighth budget – a record of sorts – was no exception. There was not much change either in the style, content or the sequence of the announcements.
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