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Budget 2025 needs to focus on capex, infra spending: RBI MPC member

Business Standard LogoBusiness Standard5h ago

Budget 2025 needs to focus on capex, infra spending: RBI MPC member - Business Standard

Quick Summary:

Finance Minister Nirmala Sitharaman in the Budget for financial year 2025-26, needs to focus on capital expenditure and infrastructure spending to boost economic growth and make it more sustainable, RBI Monetary Policy Committee member Nagesh Kumar said on Sunday.

The eminent economist noted that sustaining infrastructure expenditure and building it further would be very helpful for creating a much more robust trajectory of economic growth for India.

"In the context of the slight economic slowdown that we observed in the second quarter, and overall, there is a need to boost growth and make it more robust, more sustainable.


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Article Details

Category: BusinessFinance

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-19 @ 13:42:58 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 742 words

Reading Time: 5 minutes read

Sentences: 17 lines

Sentence Length: 44 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25247220

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 119 posts per day

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News Last Updated: 2 hours ago

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Publisher ID: #49

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