https://www.taxtmi.com/news?id=26168 The budget amplifies public capital spending by raising the Centre's capital outlay and aggregating direct investment with Grants in Aid to produce an elevated Effective Capital Expenditure as a share of GDP. It continues the long tenor interest free loan facility to States for another year to incentivise complementary state investment, and establishes an Infrastructure Finance Secretariat to assist stakeholders in mobilising private investment across key infrastructure sectors. en-us Wed, 01 Feb 2023 14:25:26 +0530 Wed, 01 Feb 2023 14:25:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=26168 The budget amplifies public capital spending by raising the Centre's capital outlay and aggregating direct investment with Grants in Aid to produce an elevated Effective Capital Expenditure as a share of GDP. It continues the long tenor interest free loan facility to States for another year to incentivise complementary state investment, and establishes an Infrastructure Finance Secretariat to assist stakeholders in mobilising private investment across key infrastructure sectors. News - Wed, 01 Feb 2023 14:25:26 +0530 https://www.taxtmi.com/news?id=26168