Infrastructure sector is a key driver for any economy. The sector is highly responsible for propelling India's overall development and enjoys intense focus from Government for initiating policies that would ensure time-bound creation of world class infrastructure in the country. It will certainly act as a catalyst for India's economic growth as it drives the growth of the allied sectors like townships, housing, built-up infrastructure and construction development projects. The government has launched the National Infrastructure Pipeline (NIP) combined with other initiatives such as 'Make in India' and the production-linked incentives (PLI) scheme to augment the growth of infrastructure sector.
The ambitious target of India becoming US$ 5 trillion economy by 2025 need a strong support from infrastructure sector. It will play a pivotal role in making the dream closer to reality. Power, bridges, dams, highways, and urban infrastructure development are all included in the infrastructure sector. The government places a strong emphasis on this sector because world-class infrastructure will act as catalyst to GDP growth.
This clearly reflected in the April-November FY23 fiscal deficit numbers that expanded to 59% of budget estimate vs. 46%, both in the previous month and previous year. Capital expenditure remained strong at 60% of budget estimate. Chemicals, railways, roads, rural development and PDS has seen a strong spending by government. This shows the government has frontloaded the capex plan.
Focus on Infrastructure
Bu hikaye Indian Economy & Market dergisinin January 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Indian Economy & Market dergisinin January 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
MARKET STRATEGIES ON THE BACKDROP OF THE UNION BUDGET 2025-26
Finance Minister Nirmala Sitharaman’s Union Budget 2025-26 arrives at a crucial time when global uncertainty and moderating domestic growth remain major concerns.
Everything You Do or Say Is Public Relations
These are uneasy times for anyone who manages anything worth its salt - be it an organization, business, or even self-branding _ either in a creative field or politics.
GIG ECONOMY STRIVING FOR TRANSPARENCY
India's gig economy, expected to grow at a rate of 17% and reach a gross volume of $455 billion by 2024, presents both a substantial economic opportunity and a pressing challenge for policymakers.
Blue Cloud Softech Solutions Ltd. Bags Order from Discovery Oaks Public School for implementation of its AIOT product Edugenie and Emotifics
Blue Cloud Softech Solutions Limited (BCS) (BSE: 539607), a leading provider of cutting-edge AloT solutions, proudly announces that the company received an order to implement its AloT products Edugenie and Emotifics from Discovery Oaks Public School, Hyderabad.
ECONOMIC SURVEY & Market g 2024-25
The Finance Minister Nirmala Sitharaman tabled the Economic Survey 2024-25 in Parliament, which provides a roadmap for reforms and growth, setting the stage for the Union Budget 2025.
GG Engineering Ltd. Reports Robust Earnings for 9MFY25, PAT Jumps 376% YoY
G G Engineering Ltd. (BSE: G in infrastructural & Structural steel, and Engineering products industry, in its board meeting held on January 16th, 2025, has approved the unaudited Financial Results of the Company for the quarter and nine months ended 31 December 2024.
dia arket Balancing Growth and Fiscal Discipline lia conc Amidst Market Volatility ndi
The 2025-26 budget is all about recalibrating the economy's pace while ensuring it remains on track for long-term growth without hampering fiscal discipline.
Contrarian vs Value Investing
Philip Fisher used to say that be extra careful when buying into companies and industries that are the current darlings of the financial community.
WILL RETAIL INVESTORS BENEFIT FROM ALGO TRADING?
On Dalal Street, trading algorithms are changing how trades are executed as Investors are embracing algo-trading to improve efficiency in financial markets while also enhancing transparency daily.
Indian Economy & A NEW 'GOLDEN AGE FOR AMERICA Indian Ec
Biden remained true to form as a dirty political hack who seemed not to know where he was or what he was doing but could at least sign any document shoved in front of his face by his far-left-wing staff. Among his last-minute acts were blanket pardons of some of the worst criminals of the past four years.
