Yes, it is the Govt capex push which is driving infra , Railway , renewable , defence sectors.
Pvt capex is yet to take place in a big way, though it has started gradually.
So to encourage PVT capex spends, the Govt has implemented a lot of PLI schemes by awarding incentives to pvt sector to kick start Pvt capex in a big way.
On consumption led demand side , perhaps the govt may try to give enough money in hands of people to spend. Tax concessions , interest rate reduction , interest rate subsidy for affordable housing etc may help further.
| Subscribe To Our Free Newsletter |
