US EditionBudget 2025-26 Needs to Focus on Capex, Infrastructure Spending: RBI MPC Member Nagesh Kumar
- The Government is considering reducing customs duty on inputs for medical equipment and electronics to boost local manufacturing, according to tax experts.
- The 2025-26 budget will be presented on February 1, with expectations for capital expenditure and infrastructure spending to support economic growth, as stated by Nagesh Kumar.
- Nagesh Kumar expressed concerns over the weakening rupee and its impact on long-term development, emphasizing the need for sustainable growth strategies.
- There is a call for an amnesty scheme to resolve long-standing customs disputes, as reported by Grant Thornton Bharat partner Manoj Mishra.
13 Articles
13 Articles
Union Budget 2025: RBI MPC member emphasises need to focus on capex, infrastructure spending
Reserve Bank of India (RBI) Monetary Policy Committee (MPC) member Nagesh Kumar said on Sunday that Union Finance Minister Nirmala Sitharaman needs to focus on capital expenditure (capex) and infrastructure spending in the Union Budget 2025 to spur economic growth and make it more sustainable. Kumar, an eminent economist, noted that sustaining infrastructure expenditure and building it further would be very helpful for creating a much more robus…
Budget FY26: Govt Could Cut Customs Duty on Raw Materials to Boost Manufacturing
Get latest articles and stories on Latest News at LatestLY. The government could reduce customs duty on inputs used in manufacturing medical equipment, electronic goods and footwear industries in the forthcoming Budget to boost local manufacturing, according to tax experts. Latest News | Budget FY26: Govt Could Cut Customs Duty on Raw Materials to Boost Manufacturing.
Budget 2025 expectations: ‘Focus needed on capex, infrastructure spending’
New Delhi: 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 g…
CII Forecasts 7% GDP Growth for India in FY26, Driven by Private Investments and Employment Growth – Archyde
Archyde New Delhi: India is on track to hit a 7% growth rate in FY26, fueled by a surge in private investments and robust job creation, as revealed by a recent survey conducted by the Confederation of Indian Industry (CII). The report also projects a steady growth rate of 6.4% to 6.7% for the current fiscal […] You can read the full story here: CII Forecasts 7% GDP Growth for India in FY26, Driven by Private Investments and Employment Gr…
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