Massive Capex Outlay To Crowd in Private Investment By Creating Demand, Boosting Eco Activity: Fin Secy

The government's massive capital spending programme outlined in the Budget 2022 will help crowd-in private investment by reinvigorating economic activities and creating demand, Finance Secretary T V Somanathan said. Finance Minister Nirmala Sitharaman raised capital expenditure (capex) by 35.4 per cent

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