Gunning for Growth
ECONOMY & POLICY

Gunning for Growth

Finance Minister Nirmala Sitharaman’s Budget for FY22-23 was delivered against the backdrop of the third wave of COVID and its impact. The Budget has increased the capex from Rs 5.5 lakh crore in FY21-22 to Rs 7.50 lakh crore in FY22-23 – the effective capex will be Rs 10.68 lakh crore in FY22-23. This is a commendable step that will translate to 4 per cent of GDP and be around 2.2 times the capex budget of FY2019-20. The doubling of capex in three years is truly a bold move. The finance minister has also involved the states in the capex programme by providing Rs 1 lakh crore support in FY22-23 by way of a 50-year interest-free loan. This will assist states in taking additional capex, adding to overall capex spending in the country. She has also announced the introduction of digital currency by RBI, another bold move.

Here is the impact of the proposal provided sector wise namely for roads, railways, metro rail, Gati Shakti Mission, Jal Shakti, River Interlinking, Renewable Energy, Rural Infra, PM Awas Yojana, Urban Infra, Low Carbon Economy, Digitisation and more…

Click here to read more

Finance Minister Nirmala Sitharaman’s Budget for FY22-23 was delivered against the backdrop of the third wave of COVID and its impact. The Budget has increased the capex from Rs 5.5 lakh crore in FY21-22 to Rs 7.50 lakh crore in FY22-23 – the effective capex will be Rs 10.68 lakh crore in FY22-23. This is a commendable step that will translate to 4 per cent of GDP and be around 2.2 times the capex budget of FY2019-20. The doubling of capex in three years is truly a bold move. The finance minister has also involved the states in the capex programme by providing Rs 1 lakh crore support in FY22-23 by way of a 50-year interest-free loan. This will assist states in taking additional capex, adding to overall capex spending in the country. She has also announced the introduction of digital currency by RBI, another bold move. Here is the impact of the proposal provided sector wise namely for roads, railways, metro rail, Gati Shakti Mission, Jal Shakti, River Interlinking, Renewable Energy, Rural Infra, PM Awas Yojana, Urban Infra, Low Carbon Economy, Digitisation and more… Click here to read more

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Infrastructure Urban

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors...To read the full article Click Here..

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Serene Communities, Prathima Group Invest Rs 4 billion in Hyderabad

Serene Communities by Columbia Pacific, India’s largest senior living operator, has partnered with Prathima Group to develop two senior living projects in Hyderabad, marking its entry into Telangana. The collaboration represents an investment of Rs 4 billion, combining Serene’s international expertise with Prathima’s local development experience. The first project, Serene BILVANI One, launched in Shankarpally, is Hyderabad’s first premium senior living community. Designed for independent and active ageing, it features senior-friendly architecture, barrier-free design, and wellness..

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India remains our most important market

Foundamental, the world’s leading venture capital platform focused on the project economy, has launched its third fund to strengthen its presence in India, APAC, and other global markets. Led by Berlin-based Managing Partners Shubhankar Bhattacharya and Patric Hellermann, Fund III aims for a final close by the end of 2025. In an exclusive interaction with CW, Bhattacharya shares insights on the fund’s mandate, India’s role in their strategy, and the opportunities they see in the construction-tech and project-based sectors. Can you briefly explain Fund III’s mandate and how In..

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