India Inc. Calls on Modi to Spend $16 Billion to Boost Economy
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Laborers prepare reinforcing steel on a commercial building construction site in Mumbai, India. Photographer: Dhiraj Singh/Bloomberg
As Prime Minister Narendra Modi approaches the end of his first year in office with modest achievements and incremental change, India’s business leaders are looking for him to step up efforts to boost growth in the $1.9 trillion economy.
At the top of India Inc.’s wish list are investments in infrastructure, simplification of rules for acquiring land and implementation of a proposed national sales tax. Executives say the government should take the lead in financing new roads and public projects to give the maximum boost to Asia’s third-biggest economy…
India Inc. Calls on Modi to Spend $16 Billion to Boost Economy
