CII urges increased public capex for sustainable growth
pre-market1 source ↓written by the desknot a recommendation
- the need
- 12% higher central capital expenditure
- in state capex
- 10% increase
The Confederation of Indian Industry (CII) emphasized the need for 12% higher central capital expenditure and 10% increase in state capex support for FY27. This investment push is crucial for sectors like transport, energy, and logistics to maintain India's growth trajectory. The upcoming union budget must focus on stabilizing and enabling growth through enhanced capital flows.
Not investment advice. For informational purposes only.