Activate stalled engines to sustain 7.6% growth: WB
The Dollar Business Bureau The World Bank has said that India needs to activate all the “stalled engines” including rural demand and private investment to sustain the growth of 7.6 percent in the upcoming years. The bank has said that the country’s economy has expanded at a much faster pace in the 2015-16 even though there are number of growth machines that were stalled. India Development Update, a twice yearly report released said, "Agriculture having faced two consecutive drought years- rural household consumption, private investments and exports have not performed to potential." The main challenge for the Indian economy is to activate the stalled engines in agricultural growth, trade and private investment and rural demand. There is also need to ensure that the demand ...
India records 10-yr low in public private investments: WB
PTI India recorded a 10-year low in investments in public-private sector in the year 2015, adding to contraction that pulled down the global investment to below its five-year average of USD 124.1 billion, the World Bank has said. In its latest annual report, the World Bank said global investment in 2015 decreased to USD 111.6 billion, below the five-year average of USD 124.1 billion from 2010 to 2014. "This contraction resulted from lower investments in Brazil, China and India," the Bank said on Monday in its latest report on Private Participation in Infrastructure Database. "India recorded a 10-year low in investments, as only six road projects usually a rich source of PPI over the past 10 years reached ...
Rail Budget 2016: Infra investment, port connectivity & logistic measures get all-round applause
Rail-map for improving port connectivity will surely result in ease of doing business and lower transaction costs for traders, says Engineering Export Promotion Council Sai Nikesh | The Dollar Business Review of freight tariff policy to increase the share of railways vis-a-vis other modes of transport, coupled with other measures such as permit multi-point loading/ unloading, is expected to bring down logistics cost to the industry Rail Budget 2016-17, released on Thursday, got an all-round applause as a passenger-centric, infrastructure-led and employment generating budget. In specific, Railway Minister’s announcements on expansion of freight basket, enhancement of port connectivity, infrastructure investments, among key others, seem to have wooed the industry. Let us see what key industry bodies and leading industry ...
