Ramaswami: Blinded by the dogmatic belief in neoliberal policies, and ever sensitive to what global capital would like or dislike, the government adopted the very opposite policy. Over the year, it reduced spending on central sector schemes by over Rs 97.6 thousand crore, while funds for centrally sponsored schemes (like MGNREGA, PMGSY, etc) were cut by Rs14.79 thousand crores. In addition, various other central expenditures were cut by Rs 30.58 thousand crores.