Transmission sector needs ₹5 lakh crore investment for future needs

Confederation of Indian Industry(CII) has said that India’s vision of a 5 trillion-dollar economy will require an estimated investment of Rs 5 lakh crore in the transmission sector over the next few years. CII said that India will be consuming 1.8 trillion units by 2025 as India’s growth trajectory accelerates and this requires large investments… Continue reading Transmission sector needs ₹5 lakh crore investment for future needs

CII launches new Index to measure fiscal performance

Confederation of Indian Industry(CII) has launched a Fiscal Performance Index(FPI).The index is an innovative tool using multiple indicators to study the quality of Budgets at the Central and State levels. The index has been constructed using UNDP’s Human Development Index methodology. The Index incorporates qualitative assessments of (a)revenue expenditure (b)capital expenditure (c)revenues (d)fiscal prudence and… Continue reading CII launches new Index to measure fiscal performance