It’s Still Heavy Lifting By The Exchequer!
The investment rate, or the proportion of GFCF in GDP, leaped to 32.4% in the December quarter, up from 31.8% in the same quarter the previous year.
The investment rate, or the proportion of GFCF in GDP, leaped to 32.4% in the December quarter, up from 31.8% in the same quarter the previous year.
Ficci states Gross fixed capital formation reported an increase by 10.3% in 2023-24.
With the 2024 Lok Sabha polls around the corner, will the capex bandwagon still continue to roll?
This is the highest level of asset creation in the Indian economy since 2009.
GFCF has been growing over the last two years, but momentum in investments gained in the last fiscal
A slowing trend in the gross fixed capital formation has wider ramifications on the future productivity of the economy.
Private investment is still weak and states are likely to spend more on healthcare than infrastructure, which leaves the ball in Centre's court.