https://www.taxtmi.com/news?id=25027 The Budget raises central government capital outlay substantially for 2022-23 and treats direct capital spending together with Grants-in-Aid to States as an estimated Effective Capital Expenditure representing a larger share of GDP. Higher public investment is presented as necessary to crowd-in private investment and support demand, employment and infrastructure. The government will issue Sovereign Green Bonds within overall market borrowings to mobilize resources exclusively for public sector green infrastructure projects that reduce carbon intensity. en-us Tue, 01 Feb 2022 13:27:20 +0530 Tue, 01 Feb 2022 13:27:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=25027 The Budget raises central government capital outlay substantially for 2022-23 and treats direct capital spending together with Grants-in-Aid to States as an estimated Effective Capital Expenditure representing a larger share of GDP. Higher public investment is presented as necessary to crowd-in private investment and support demand, employment and infrastructure. The government will issue Sovereign Green Bonds within overall market borrowings to mobilize resources exclusively for public sector green infrastructure projects that reduce carbon intensity. News - Tue, 01 Feb 2022 13:27:20 +0530 https://www.taxtmi.com/news?id=25027