Get access to our best features
Get access to our best features
Published

Budget 2025-26 Needs to Focus on Capex, Infrastructure Spending: RBI MPC Member Nagesh Kumar

  • The Government is considering reducing customs duty on inputs for medical equipment and electronics to boost local manufacturing, according to tax experts.
  • The 2025-26 budget will be presented on February 1, with expectations for capital expenditure and infrastructure spending to support economic growth, as stated by Nagesh Kumar.
  • Nagesh Kumar expressed concerns over the weakening rupee and its impact on long-term development, emphasizing the need for sustainable growth strategies.
  • There is a call for an amnesty scheme to resolve long-standing customs disputes, as reported by Grant Thornton Bharat partner Manoj Mishra.
Insights by Ground AI
Does this summary seem wrong?
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources lean Right
100% Right
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)