Steel sector cheer 11% rise in infrastructure spending in Budget
Thu, Feb 1, 2024 4:03 PM

Steel sector cheer 11% rise in infrastructure spending in Budget

A Flip by Avya Verma
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The Indian government's 11% increase in infrastructure spending in the interim budget is expected to boost steel demand and stimulate private investments and job creation. The emphasis on building various forms of infrastructure and maintaining fiscal prudence has been praised by industry leaders. The increase in capital expenditure for infrastructure amounts to Rs 11.1 lakh crore.

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