Neelkanth Mishra explains the current state of the Indian economy, suggesting that the worst phase may be over. However, a recovery requires increased fiscal spending and monetary easing. Mishra highlights slow government spending and weak credit as concerns, but notes potential improvements with real estate and power investments. Monetary easing might begin around April.
NaBFID eyes tieups with multilateral funding agencies
The National Bank for Financing Infrastructure and Development (NaBFID) plans to partner with multilateral funding agencies for blended finance to boost sustainable urban infrastructure development