Write For Us

"Revadi Is Not In The Lexicon Of Finance Ministry": Finance Secretary To NDTV | The News

Sponsored Post Vitamin D2 Canada Persia
59 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

ava
Published
Finance Secretary TV Somanathan says that the word revadi is not in the lexicon of the Finance Ministry. "It is a colloquial term. There are merit goods that a society ought to provide to everybody. Look at education and primary health, things which government ought to provide, and providing them I would not categorise as populist or use the word revadi which I learnt in the past six months. I did not know that till it came in finance dictionary. So I think there are merit goods, primary education, these are not revadis by any structure of education. Similarly nutrition which a society needs to provide to everybody. So going beyond there are actually things that are private goods, that people should choose and buy with their own money. When you start providing from public funds, there is nothing wrong in it, But what it does is it takes funds away from greater priorities which could be better for the better effects of economy."

Watch Latest News: https://www.youtube.com/playlist?list=PLYSfYVdrOZvh5iPadUPTAg3sxFD_DZpT_

About NDTV (English news channel):

NDTV is India's Most-Trusted News Broadcaster with the latest updates in news, sports, entertainment and much more from within India and around the world. Watch big political debates, exclusive entertainment interviews, news bulletins, current affairs, talk shows and tech reviews with our 24x7 news live streams, packed with credible information across all platforms: TV, Internet and Mobile.

Promoted: Find Best Shopping Deals On Amazon - https://g360.in/3twKm3m

Subscribe to our channel to get latest news updates.

Follow us on Social Media:
Like us on Facebook: https://www.facebook.com/ndtv/
Follow us on Twitter: https://twitter.com/ndtv/
Follow us on Instagram: https://www.instagram.com/ndtv/
Join NDTV on Telegram Messenger: https://t.me/NDTVbot/?start=hi

Follow us on Google News for Breaking and Latest News Updates:
NDTV: https://bit.ly/3e5ngbP
NDTV India (Hindi News): https://bit.ly/3mNVwMY

Download NDTV Mobile Apps: http://www.ndtv.com/page/apps

TheNews #BreakingNews #LatestNews #TodayNews #News #IndiaNews
Category
Asia
Tags
NDTV 24x7, breaking news, latest news
Sign in or sign up to post comments.
Be the first to comment