India's capex focus supports growth, says Finance Minister
pre-market1 source ↓written by the desknot a recommendation
- from the Centre’s
- 50-year interest-free loan scheme
Finance Minister Nirmala Sitharaman highlighted that India’s capital expenditure strategy is yielding visible results. States are effectively utilizing funds from the Centre’s 50-year interest-free loan scheme, leading to higher allocations for those meeting conditions. This approach aims to reinforce long-term growth through productive spending and improved tax compliance.
Not investment advice. For informational purposes only.