Infra Spending

From giving a boost to capex spending for the infrastructure sector to focusing on urban development schemes, here are the expectations of the experts for infrastructure sector from Union Budget 2023

In its latest Monthly Economic Review, the Ministry said global economic developments remain complicated in November, and that fiscal and monetary policymakers need to remain vigilant

The Gati Shakti Mission carries promise, but can it deliver?

The advance-decline ratio remained skewed in favour of seller, highlighting underlying bearishness in market.

"Likewise, we believe that the resolution of troubled assets could be faster with weak assets consolidated in a single entity, rather than multiple banks negotiating resolution terms," S&P added

Some participants also pitched for creating a separate ministry for privatisation of PSUs and assets, if needed, as was the case earlier.

At infra spend review meet undertaken by FM, It was disclosed that many ministries and depts have shown substantial progress in project implementation and expenditure in Q2FY21

Any significant increase beyond 10 per cent year-on-year (YoY) may be difficult over the next three to four years, given the limited fiscal space

Recognising that this is an unusual year, borrowing has been kept at levels so that the government can quickly put the money back in projects, Sitharman said

Govt's economic advisor stresses there is no demand-driven inflation yet in the economy

Nirmala Sitharaman's comments, as cited in local newspapers, followed data released on Friday that showed India's economic growth slowed to 4.5 per cent in the July-September quarter

The ministry monitors infrastructure projects worth Rs 150 crore and above. Of these 1,405 projects, 340 reported cost overruns and 381 time escalation

The funds would be raised by PFC, IREDA, IWAI and Nabard