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The government's growth strategy of increasing capex spending through its budget can at best support the economy by offsetting smaller investments by central public sector enterprises, but not stimulate GDP to a higher trajectory
The move to not borrow from the market comes in the backdrop of the central government increasing its Budgetary allocation to Indian Railways to Rs 2.52 lakh crore, which is 5 percent higher when compared to 2023-24.
The provision of Rs 1 lakh crore for R&D is a ground-breaking move
The interim budget for the fiscal year 2024-25 has suggested a substantial reduction in budgetary allocations for the Ministry of Civil Aviation.The proposed allocation stands at Rs 2,300 crore, a significant drop from the budget estimate of Rs ...
With the huge rally in stock prices, IRFCs market capitalisation currently stands at Rs 2.9 lakh crore.