Budget 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 2025: Sluggish economy means pragmatism, rather than aggressive reduction, will rule the roost
Union Budget: India's fiscal deficit reduced from a record 9.2% of GDP in fiscal 2021 to 5.6% last fiscal. The government aims for further reduction, but ongoing economic challenges necessitate a balanced approach. Sustained tax revenue growth and strategic fiscal spending are crucial for achieving fiscal consolidation without compromising growth.
$88b in budget for renewable energy sector
During his Budget 2025 presentation, Senior Minister with Responsibility for Finance and the Public Sector, Dr Ashni Singh, outlined several initiatives aimed at expanding the nation’s renewable energy sector, and substantially improving reliability while reducing the cost of electricity to Guyanese. The article $88b in budget for renewable energy sector appeared first on Stabroek News.
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…
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