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        News and Press Release

        Public Sector Undertakings (PSUs) to Invest ₹ 2,47,941 Crores in the Current Fiscal

        July 10, 2014

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        Public Sector Undertakings (PSUs) will invest through capital investment a sum of ₹ 2,47,941 crores in the current financial year to create a virtuous investment cycle. Announcing this during his maiden Budget Speech in the Lok Sabha today, the Finance Minister Shri Arun Jaitley said that PSUs will also play their part constructively to give a thrust to investment in the economy.
         

        Public sector investment as fiscal stimulus: PSU capital expenditure to boost aggregate investment following the budget announcement. Public Sector Undertakings are directed to undertake a planned capital investment programme in the current fiscal year to stimulate aggregate investment and create a virtuous investment cycle, with PSU capital allocations framed as a proactive fiscal stimulus announced in the annual budget speech.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Public sector investment as fiscal stimulus: PSU capital expenditure to boost aggregate investment following the budget announcement.

                                Public Sector Undertakings are directed to undertake a planned capital investment programme in the current fiscal year to stimulate aggregate investment and create a virtuous investment cycle, with PSU capital allocations framed as a proactive fiscal stimulus announced in the annual budget speech.


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