Gunning for Growth

03 Feb 2022 CW Team

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…

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Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

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Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..