WB budget 2021-22: Focus on social sector, agriculture

In its first budget after returning to office, the Mamata Banerjee government has stuck to the economic mantra of injecting cash at the grassroots to stimulate demand so that increased spending leads to a supply-side boost. Accordingly, much of the government spending — 84.5% of the state budgetary outlay of Rs 3,08,727 crore — is focused on social sector and agriculture.

WB budget 2021-22: Focus on social sector, agriculture
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In its first budget after returning to office, the Mamata Banerjee government has stuck to the economic mantra of injecting cash at the grassroots to stimulate demand so that increased spending leads to a supply-side boost. Accordingly, much of the government spending — 84.5% of the state budgetary outlay of Rs 3,08,727 crore — is focused on social sector and agriculture.