Vinayak Chatterjee advocates for increased infrastructure spending to boost India’s GDP. He suggests a 30% increase in the infrastructure budget, reverting to pre-FY25 levels, and highlights the higher GDP multiplier effect of infrastructure investment compared to direct benefit transfers. He also calls for public-private partnerships in social infrastructure and a reduction in the GST on cement.
AI may hurt IT today, but it could create the sector’s next growth engine: Baroda BNP Paribas MF
AI may disrupt traditional revenue streams in India’s $280-billion IT services industry, but Rohan Korde of Baroda BNP Paribas Mutual Fund believes it could also