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Capital Outlay represents funding for the construction and renovation of state or local public facilities or infrastructure. Capital outlay can be sub-divided into development and non-development components. Development capital constitutes more than 90 per cent.
For 2022-23, the States have budgeted a consolidated Gross Fiscal Deficit (GFD) of 3.4 per cent of GDP. GFD is the excess of total expenditure including loans net of recovery over revenue receipts (including external grants) and non-debt capital receipts.
Introduction India's automotive sector is dominated by two-wheelers (scooters, motorcycles) and three-wheelers (autos and rickshaws), which play an important role in last-mile mobility in the country. The electric vehicles industry at a nascent stage in India. One of the main reasons behind India's recent move to accelerate its transition to...
Introduction Many people learn object-oriented programming in different languages such as C, C++, and Java. Things are pretty simple in C, C++, and Java. There are three magical, easy-to-remember access modifiers (public, protected, private) to get the job done. But Python has no such thing. This can be a little...
Tristan Greene is a freelance futurist, U.S. Navy veteran, and technology journalist covering artificial intelligence and quantum computing. This article was originally published on Undark.