PM Modi’s call to stop foreign travel comes as spending in this area has already been falling
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Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.
Summary
RBI data shows that the real growth areas in terms of foreign spending are purchases of immovable assets abroad and investments in foreign debt and equity
Key Facts
Type Policy
Source The Hindu - National
Published Monday, 11 May 2026
Affected Population 1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
Rs 15,000 crore for Digital India initiatives
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right