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Commenting on the allocation, Himanshu Chaturvedi, Chief Strategy and Growth Officer at Tata Projects said, “The capital spends during fiscal 2023-24 are broad based and not just focussed on the traditional highways and railways sectors. The surge in infrastructure investment is part of a long-term strategy to promote Indian economic growth.”
The meeting comes after official estimates showed last month FY23 economic growth beat expectations with a 7.2% expansion but risks such as a slowdown in developed markets and possibility of El Nino impact on monsoon showers could be a drag this fiscal.
The COVID-19 pandemic has shown that achieving self-reliance is not a matter of choice but a necessity. With the global supply chain being in a flux, there is an opportunity for India.
New Delhi [India], August 24 (ANI): Director General of Confederation of Indian Industry (CII) Chandrajit Banerjee on Monday called the launch of the National Monetization Pipeline (NMP) a commitment of the Central government towards building a robust and world-class infrastructure across the nation.
Australian delegation explores investment avenues in State Updated: Updated: Creation of infrastructure, tie-ups in education and skill development discussed Share Article Creation of infrastructure, tie-ups in education and skill development discussed An Australian delegation met Chief Minister Y.S. Jagan Mohan Reddy at his camp office here on Tuesday and discussed several issues pertaining to development of infrastructure and funding to the State. The team comprising H.E. Barry O’Farrell AO, High Commissioner of Australia to India; Sarah Kirlew, Consul General of Australia to South India;...