Explore Business Standard
Don’t miss the latest developments in business and finance.
A vast majority of the business leaders believe that the Production Linked Incentive (PLI) schemes have been beneficial and expect an extension to other sectors in the coming years, a Deloitte Survey said on Friday. An overwhelming number of survey respondents hope the budget will fuel growth across industries by building strong domestic demand and focussing on capital expenditure and believe that it would define the 'Amrit Kaal'. "Critical to this growth will be the pace of capital expenditure, infrastructure development, and the need to boost infrastructure financing through private partnership. 60 per cent of respondents suggested raising funds through Indian Government Bonds," the survey said. The survey aimed to analyse the industry expectations from the upcoming budget, from the standpoint of economic growth, trade agreements and exports. A total of 181 responses were collated from the survey, across 10 industries. More than 70 per cent of respondents agree that various PLI .
Sri Lankan Minister Dhammika Perera handed 5-year visas to Indian business leaders in the island nation to promote investment in the country.Taking to Twitter, Indian High Commission in Sri Lanka said, "Hon'ble Minister @_dhammikaperera handing over 5-year visas to #Indian business leaders in #SriLanka!! This is a welcome step in enhancing ease of business and promoting investments in Sri Lanka."Earlier on Wednesday, the Indian High Commissioner Gopal Baglay met Sri Lanka's Trade Minister and discussed diverse facets of the trade."High Commissioner met Minister for Trade Hon'ble Nalin Fernando today. They discussed diverse facets of bilateral trade, such as increasing trade volume, creating platforms to facilitate business linkages between India and Sri Lanka," Indian Embassy in Sri Lanka tweeted.India always comes forward to help Sri Lanka during its economic crisis. India has sent assistance worth several billion US dollars to rescue the money-strapped Sri Lankan government ...