"capital-expenditure"

While October alone contributed Rs 7,759.59 crore - nearly half of the year's total so far - the earlier months saw slower spending, particularly in August and September

Consolidation led by Capex with Commitment to growth can present India as the growth engine of world.

The capital expenditure of the State has increased by more than five times within last eight years, from Rs.11,583 crore in 2014-15 to Rs.61,343 crore in 2021-22.

The key drivers for a likely pick up in corporate capex will be benefit of lower corporate taxes and interest costs amount to Rs. 2tn per annum.

The government may be waiting for the lockdowns to end before they can announce specific measures for the revival, which can have the best multiplier effect.

Finance Minister Nirmala Sitharaman in the Budget 2021-22 had announced a sharp increase in capital expenditure and provided Rs 5.54 lakh crore.

Glenmark is having a good presence in generics, over the counter and specialty drugs.

Finance Minister Nirmala Sitharaman says government is keen to achieve long-term growth.

Presenting the Union Budget for 2021-22, she said Railways will monetise dedicated freight corridors.

She held a virtual meeting with secretaries of coal and petroleum & natural gas, along with the chairman and managing directors (CMDs) of 14 CPSEs belonging to these ministries, an official statement said.

"Just because the Prime Minister and the Finance Minister call these measures an economic stimulus does not mean the economy will obey and get stimulated."