BUSINESS
For key infrastructure sectors, the Union Budget 2024 is par for the course
The Union Budget 2024 did not provide a road map for attracting private-sector investments but the focus on skilling programme and creation of 1,000 Industrial Training Institutes will aid the infrastructure sector, as skilled labourers will be available locally.
BUSINESS
Budget should go beyond the hard buildout
Typically, every rupee spent on infrastructure leads to a contribution of Rs 3 to GDP. Budget 2024-25 should continue to focus on hard infrastructure such as road building and also bring in focus on social infrastructure like schools
BUSINESS
Green financing needs more incentives for greening the wheels
An enhanced limit for priority sector lending to incentivise banks to increase lending in the green financing segment and tax incentives for investment in green bonds are some concrete steps needed to reduce the emission intensity of the transport sector
BUSINESS
Budget 2023: Transportation sector to see focus on execution, Gati Shakti and monetisation
Given the government’s continued focus on growth, we expect the capex investment trend to continue in 2023, and probably be higher than last year’s investment
BUSINESS
National Logistics Policy will give wings to India’s logistics policy
With the National Logistics Policy, India set to expand reach, reduce costs, and shore up export competitiveness
