Public Investment

The chamber's newly appointed President Ajay Singh said he foresees a "significant rise in private investment" in the coming 2-3 years, driven by the Centre's capex push.

India plans expansive Budget despite growth, revenue worries

India's Finance Minister is likely to borrow more than originally planned when he presents the Budget on February 1, senior aides and officials said, despite counting on revenues from a national sales tax whose launch date is still unknown.

Budget 2017: Arun Jaitley likely to increase investment in infrastructure

There is near unanimity that the economy needs to be spurred through higher public investment, unlike last year when there was a significant divergence of opinion over the need for fiscal stimulus, Mint newspaper reported, citing an official with knowledge of the thinking within the government.

Marginal improvement in business optimism for Q4: D&B

India Inc's business optimism for the December quarter increased this year compared with the same period last year, mainly driven by strong public investment in road and railway, and a downward momentum in food inflation, says a Dun & Bradstreet report.

Avoid protectionism, competitive devaluation: Jaitley to G20

Pitching for more coordinated effort by G20 to boost global growth, Finance Minister Arun Jaitley has said that countries must avoid trade protectionist measures and refrain from competitive devaluations of currency as greater focus must be on public investment.

Budget 2016 can help India grow at 8%: Shaktikanta Das

Talking about the Krishi Kalyan Cess, which loosely put means an increase in service tax, Economics Affairs secretary Shaktikanta Das says it was done because the government needed more resources to spend on infrastructure

Budget 2016: Jayant Sinha expects GST Bill passage in H2 of session

Minister of state for finance, Jayant Sinha in an interview to CNBC-TV18, said the government has not only adhered to the fiscal deficit target, it has also increased public investment in a significant manner

Budget 2016: Govt to allocate Rs 2.21 lakh crore to infra in FY17, up 22.5%

Finance Minister Arun Jaitley today said the government will increase public spending on infrastructure by 22.5 percent, from Rs 1.80 lakh crore to Rs 2.21 lakh crore.

Fiscal discipline, not a choice but a necessity

The midyear review of the economy by the chief economic advisor makes a strong case for fiscal loosening next year. The review argues that private investment and global growth are likely to remain anaemic.

New govt dealt with fiscal issues in less than yr: Jaitley

"India is one of the bright spots in the economy because of the reforms we are undertaking and its rising growth prospects," Jaitley, who is currently visiting Washington to attend the annual Spring meeting of the International Monetary Fund and the World Bank, said.

RBI warns banks against excessive lending to infra projects

The non-performing assets (NPAs) of banks in the country stood at over Rs 3 lakh crore as on December 2014. Banks had to tide over a tough time as the power sector faced troubles after the Supreme Court last fiscal cancelled the allocation of 204 coal mines by the previous government.