Unprecedented infra development in last decade: PM Modi
Massive outlay in nation’s infrastructure development
S.N. Subrahmanyan is increasing the share of services — financial & IT — in order to increase the margins of the conglomerate.
Infrastructure development and upgrade will play a better role in realising the vision of India becoming a $5 trillion economy by 2025, Sonowal said.
The Budget also touches upon themes of sustainability, predictable tax regime, and continuing good measures from last year, said FM Nirmala Sitharaman.
Ahya recommends a dedicated fund to be created out of the divestment receipts that should be deployed only towards infrastructure expenditure.
Aided by strong demand recovery, credit ratio rebounds to 1.33 in H2FY21, from 0.54 in H1FY21. GDP could grow at 11% in FY22, but the resurgence in Covid-19 cases is a key downside risk, says CRISIL.