Apex capex: How is govt capital expenditure driving India's growth

Will RBI's suggested provisioning affect it?

The International Monetary Fund (IMF) recently attributed India’s robust economic growth to strong public investments supported by a resilient domestic demand.

Krishna Srinivasan, Director of the Asia and Pacific Department, International Monetary Fund said in a blog post: “...India, where public investment remains an important driver, making it the world’s fastest-growing major economy.”

But there are layers to this.