Latest National Bank for Financing Infrastructure and Development News & Updates

New Delhi, March 25 (IANS) A huge increase in public capital expenditure and a maturing financing ecosystem have fuelled India’s infrastructure transformation, with government investment rising from Rs 2 lakh crore in FY15 to a budgeted Rs 12.2 lakh crore for FY27, a new report has said.The report from India Narrative said the six-fold surge in public spending has catalysed private investment and stimulated demand for core industries such as steel and cement.Further, it generated employment, t…