government expenditure

Surplus liquidity shows govt’s foot on spending pedal

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Surplus liquidity shows govt’s foot on spending pedal

Mumbai: A rebound in government expenditure is evident from a build-up of surplus liquidity conditions in the banking sector, as the Centre loosens its purse strings and injects cash into the system. The absence of the key driver of economic growth had been felt in the first quarter of the year. Analysts are of the … Read more

economic growth: Robust govt capex, improvement in business confidence to push growth: Official

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economic growth: Robust govt capex, improvement in business confidence to push growth: Official

Robust capital expenditure by the government and improvement in business confidence will push the country’s economic growth in 2024-25, an official said on Tuesday. Chief Economic Adviser in the Ministry of Rural Development Kuntal Sensarma said that the focus areas in 2024-25 should be infrastructure growth, inclusive development and harnessing demographic dividend, among others. “The … Read more