Devolution to grow 13% to Rs 8.1 trn in FY23. Power reforms to allow borrowing up to 4% of GSDP in addition to Rs 1 trn capex loans. But funding for centrally-sponsored schemes stagnates
Companies to bag for roads, railways and defense projects
Highest ever capital expenditure at Rs 2.45 trillion; Operating ratio for 2021-22 revised downward to 98.93%
FM pointed out that the 'Production Linked Incentive' scheme for 14 sectors will also be a trigger for job creation
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In her Budget speech to Parliament on Tuesday, Finance Minister Nirmala Sitharaman proposed to increase the capital budget outlay by over 35 per cent
Stimulus measures announced so far during FY 22 include liquidity enhancing and investment boosting measures such as PLI, credit guarantee schemes and export boosting step, survey says
Demand for steel to get a boost with higher roads, rail spend
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The Budget is expected to push public capital expenditure (capex) and simultaneously create a conducive environment for private capex
Competition for investment & FOMO have pushed up valuations, he says
India's Federal Budget FY23's Capex thrust is likely to focus on rural welfare and employment generation schemes.
The Ministry of Coal, through its Central Public Sector Enterprises (CPSEs), had registered a capex achievement of Rs 9,822.28 crore for the period up to December, 2020
In a Q&A, Jonathan Hunt talks about his company's capex plans and strategic initiatives going forward
Bank lending for new projects fell to record low in FY21 as per RBI data
When demand is uncertain; the biggest private enterprises seem better able to build factories, expand resources and create jobs.
During pre-Budget consultations, industry bodies and economists have advised the finance minister to keep the spending tap open
Most of capex brunt being borne by Centre, say analysts
Analysts see capex value accretive; in line with country's consumption growth outlook
Hydro's Kuppam plant has 15,000-tonne extrusion capacity and is integrated with advanced value addition capabilities for surface finishing and fabrication