
Pandemic, commodity price shock hurt pvt capex: CEA
Capital investment by the private corporate sector is beginning to kick in despite several shocks coming in one after the other, says CEA V Anantha Nageswaran.
Capital investment by the private corporate sector is beginning to kick in despite several shocks coming in one after the other, says CEA V Anantha Nageswaran.
The next wave in the fintech sector could be the cash flow lending to MSMEs using account aggregator, UPI and OCEN, says CEA.
The appointment comes barely three days before the presentation of the economic survey scheduled on Monday.
The survey sees GDP contraction at 7.7% for FY21, but says a V-shaped recovery is visible. Consequently, FY22 growth is pegged at 11%.
With fundamental indicators pointing to a moderation in economic growth, equity markets were looking at the government to intervene. Finally, it has.
CEA Subramanian sees an investment-led model of growth as the panacea for many of the problems that are plaguing the economy today.
The CEA, Krishnamurthy Subramanian, feels that the major impediment to increased adoption of EVs in India seems to be the limited availability of charging infrastructure.
K. Subramanian’s maiden Survey sees growth for FY20 at 7%, green shoots in investment activity.
Subramanian is also on the boards of Bandhan Bank and National Institute of Bank Management.