You are here

India to step up dividend pressure on state-run firms

Weak tax revenues, higher spending and lacklustre returns from asset sales make it harder for govt to invest, plug budget holes
Monday, October 26, 2015 - 05:50

BT_20151026_CPSQUEEZE26_1943702.jpg
Mr Jaitley has spent more on roads, railways and ports to boost India's growth

New Delhi

WITH funds running short to sustain an infrastructure spending spree that's underpinning India's economic growth, Finance Minister Arun Jaitley will step up pressure on state-run companies to pick up the slack.

Mr Jaitley plans to meet public-sector companies in November

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom