Tag Archives: spur

Infra development through PPP to spur growth, create job; Projects worth Rs 27,514 cr in FY20 till date

February 2, 2020 Comments Off on Infra development through PPP to spur growth, create job; Projects worth Rs 27,514 cr in FY20 till date

NEW DELHI: Infrastructure development through pubic-private partnership spurs economic growth besides crating jobs and a related committee has approved projects worth Rs 27,514 crore this fiscal till date, a budget document said. It also said that government’s push towards infrastructure projects is expected to boost capital expenditure by 1.9 per cent of GDP by 2022-23. Finance Minister Nirmala Sitharaman had tabled the Union Budget ... Read More »

Modi’s big tax cut unlikely to spur job bonanza in India

September 27, 2019 Comments Off on Modi’s big tax cut unlikely to spur job bonanza in India

MUMBAI/NEW DELHI: With one eye on flagging demand, businesses in India are likely to bank the government’s $20.4 billion corporate tax windfall rather than unleash the investments that Prime Minister Narendra Modi hopes will create millions of jobs and revive the economy. The tax cuts, which Modi vowed would woo global private investment and improve India’s competitiveness, came as a surprise to ... Read More »