Industry body CII is advocating for more capex in India's upcoming budget to boost growth and competitiveness. They suggest a 25% increase in capex, aiming to accelerate economic growth to around 8% in FY25. Additionally, there are plans for a significant boost in Electric Vehicle subsidies in the budget.
#FPTech: GoI may roll out FAME-III subsidies with Budget 2024, auto industry hopes for Rs 10,000 crores https://t.co/VSPVeLRopj
#LeadStoryOnET | Rs 10k #crore spark: #FAME-ous #ElectricVehicle boost in #budget blitz https://t.co/1HHpIi4XbA https://t.co/umxKC3pMYE
Industry body CII on Thursday made a case for pushing reforms in sectors like land, labour, and agriculture by the Modi 3.0 government to accelerate economic growth estimated to be around 8% in FY25. https://t.co/hAXUoBx87N
#NewsFlash | #CII urges a 25% hike in #India's capex in the upcoming Budget to drive growth and global competitiveness, Sanjiv Puri at CII https://t.co/m4tbgvJWiO
#LeadStoryOnET | Rs 11.11 lakh crore of capex plan not enough? CII wants more hikes in budget to push growth https://t.co/Z3e9YhLeYj