menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Business News

>

External v...
source image

HinduBusinessLine

1d

read

42

img
dot

Image Credit: HinduBusinessLine

External vulnerability likely to impact private capex: FinMin report

  • Private sector capital expenditure could be impacted by external vulnerabilities, including trade barriers and global uncertainties.
  • Despite India's growth forecast being lowered by various agencies, it is still estimated to grow between 6.2% to 6.7% in the current fiscal year.
  • Government measures like tax exemptions, fiscal policies, and RBI rate cuts are expected to boost consumption and investment, potentially lifting growth to higher levels.
  • India's potential to attract foreign direct investment remains strong, with policies enhancing workforce skills seen as crucial for sustained investment and growth.

Read Full Article

like

2 Likes

For uninterrupted reading, download the app