‘Rise in govt debt to impact public spending in coming decade’


    New Delhi, Aug 26 | India’s general government debt is likely to remain high in the years to come and will significantly impact the government’s ability to spend in the upcoming decade, according to a report by Motilal Oswal Financial Services.

    The EcoScope report said that India’s general government debt, or the overall debt of the Centeal and the state governments, is expected to reach 91 per cent of GDP in the current fiscal and is likely to stay above 90 per cent of the GDP till FY23.

    It added that after FY23, the general government debt levels will moderate to 80 per cent by FY30. The general government debt rose to 75 per cent of GDP in FY20 from 70 per cent in FY18.

    “This surge in India’s government debt-to-GDP ratio would restrict its ability to grow its spending significantly and support economic activity in the 2020s decade, as it has done in the past few years,” it said.

    While real GDP growth averaged at 6.8 per cent between FY14 and FY20, real fiscal spending grew at an average of 9 per cent during the period. In FY20, while real GDP growth weakened to 4.2 per cent, fiscal spending is estimated to have contributed 1.1 percentage points or 27 per cent to annual real GDP growth.

    The study noted that if primary spending growth eases to 7.3 per cent over the next decade from 11.3 per cent in the past decade, it becomes apparent that the government would be unable to grow its investments (capital outlays) at the same pace as in the past decade.

    “Since a large part of non-interest revenue spending (such as defence, salary & wages, pensions etc) is fixed or non-discretionary in nature, there is a high possibility fiscal investment would grow at an even slower rate in the 2020s decade,” the report said.

    Either the government would have to rationalise its spending or the idea of government investments growing decently in the 2020s decade would remain a distant dream, it added.

    Source: IANS

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    Social Media Expert And Founder Of Aapno Rajasthan Durgesh Dhaker Gives His Two Cents On Growing One's Reach Online

    Social Media Expert And Founder Of Aapno Rajasthan Durgesh Dhaker Gives His Two Cents On Growing One's Reach Online

    “Work and you’ll get what you need; work harder and you’ll get what you want”.

    The above-mentioned quote speaks volumes about the courage of those who have made substantial breakthroughs in their life with hardwork and dedication.

    One such committed individual who is preparing several notable names with their social media reach is Durgesh Dhaker. An agile and someone who keeps himself upbeat with the happenings in the country, Durgesh has acquired expertise in carving the social media strategies for various stalwarts. He is also the founder of Aapno Rajasthan

    facebook page with more than 1 million likes which he gain within very short time with his expertise.

    Coming from the beautiful city of Chittorgarh in the land of Rajasthan, Durgesh Dhaker is making his parents and fellows pride of his strides and success acquired through hustling with perseverance. His social media expertise enables him to give his top tips for growing one’s social media presence, it is as below-

    1-Create a network

    Social media comprises of a huge number of people who need to build their reach, subsequently, it turns into a fiercely cutthroat spot where every individual is attempting to draw in mass consideration, thus it is basic that we upgrade our activities to pick a specialty which suits our inclinations, it ought to be something that you are prepared to deal with for quite a while of your life.

    Zero in on making an intuitive substance that can be discovered when somebody looks for it, the most ideal approach to do is to is utilize significant hashtags on Facebook, Twitter, etc.

    2-Create steady, quality posts that are relatable

    Today, the web has enough data however we can help our supporters discover quality data that isn’t excess by posting relatable substance according to our niche, recall, forthright, valuable, and quality substance is as yet restricted on the web, consequently assuming you give individuals what they are searching for reliably, gradually and slowly, you will see considerable development in individuals who follow you.

    3-Social media showcasing/connecting websites

    Social media marketing is perhaps the most ideal approach to get ideal reach online, to see speedy outcomes, posting cool videos, and opinion on the latest happenings are some methods which can be deployed. If one has a website on their name or related to their field of work then those can be attached on social media profiles to promote them better.

    In a nutshell, we can conclude that, according to Durgesh Dhaker, the top way to grow your social media presence is by being relevant and consistent with the content that is suited to the tastes of your target audience, linking several web pages and blogs to boost traffic and last but not the least correct marketing of your content that can lead to conversions.


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