Budget should see a 30% increase in infra outlay to make up for lag of this year: Vinayak Chatterjee

Vinayak Chatterjee advocates for increased infrastructure spending to boost India's GDP. He suggests a 30% increase in the infrastructure budget, reverting to pre-FY25 levels, and highlights the higher GDP multiplier effect of infrastructure investment compared to direct benefit transfers. He also calls for public-private partnerships in social infrastructure and a reduction in the GST on cement.

from Economic Times https://ift.tt/DcgwFBx