Managing Director Satish Kumar Agarwal News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Updated Feb 01, 2021 | 20:03 IST
SAIL Chairman Soma Mondal said the Budget has put emphasis on accelerating the growth momentum of the country by targeting infrastructural growth including road, rails, urban, power, ports, shipping etc
Increased capex to spur steel demand in India, say steel makers & experts  |  Photo Credit: PTI
New Delhi: The increased capital expenditure for infrastructure projects in Union Budget 2021-22 will push the demand for steel in the country, steel players and experts said. To augment the country s infrastructure, the Budget proposed significant enhancing of capital expenditure to Rs 5.54 lakh crore in the next fiscal, besides creating institutional structures and giving a big thrust to monetizing assets to achieve the goals of the National Infrastructure Pipeline (NIP). ....

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