News From Press Will the Interim Budget’s push for infrastructure bring cheer to mutual funds?

Will the Interim Budget’s push for infrastructure bring cheer to mutual funds?

Source: Moneycontrol Feb 2, 2024

Continuing its commitment towards building essential infrastructure and driving economic growth, the Centre, in the Interim Budget 2024, has proposed to increase the capex outlay for the next year by 11.1 percent to Rs 11,11,111 crore. Experts are of the opinion that this could boost infrastructure development activities in the absence of substantial private capex spending.

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