Infrastructure Development
Will Propel Growth in India
Few days back, International Monetary Fund upgraded the pace of global growth for 2017 by 0.1 percentage, driven by a pickup in trade, investment, and consumer confidence. For 2018, it is expected to go upto 3.7 percent. It is like a silver-lining in the gloomy economy which will simultaneously boost confidence of different economies around the world.
As the global economy will rise it will directly impact the developing nations and especially, India because of the fact that it has the biggest consumer market and has immense scope for infrastructure development. Developed nations invest huge amounts into countries that have prospects of long-term profit and growth. And India is one such country. Over the coming decade, it is estimated that $1.5 trillion will be required to create infrastructure, and overhaul and refurbish existing infrastructure.
Recently, the Abu Dhabi Investment Authority (ADIA) has agreed to invest $1billion in India’s infrastructure sector project. India’s need for a massive infrastructure development along with its rising population makes it one of the best destination for investment for the developed nations.
Currently, India is undergoing ambitious reforms to streamline economic policies that will be useful in future. The infrastructure sector is one of the major driving agents of Indian economy. For a massive country like India, improvement in infrastructure is a necessity. And to propel growth, government is giving huge push to increase public expenditure through its biggest ever highway project, Bharatmala for which it will infuse 6.9 lakh crore. Another major step taken by government is that it has announced Rs 2.1-lakh-crore capital infusion plan for public sector banks that will simultaneously lead to create more jobs, and spur growth and investments by creating bigger and stronger public-sector banks.
Investors India brings for you a brilliant cover story that may help you in choosing a right Health Insurance Plan for you and your family. We have also gathered tips for new investors looking to put their money into equity mutual funds. If you are looking to have a steady stream of income when you retire then monthly income plan is the one you can take advantage of. Through our Lifestyle Section, you can find remedies to cure Diabetes.
Prudent Investing!
GST: Freedom from Archaic Laws
Recently, we accomplished the silver jubilee of our economic liberalization. Year 1991 was the year reforms, a year of inception, when we unbridled our economy of restraint.
With GST Bill we are on our way to re-write the fate of prevailing archaic laws. The GST will perhaps be the single most important reform stimulus since 1991-92. If the bill is passed, 2016 will witness transformation in the Indian Economy.
It will help create a unified market, which would enable seamless movement of goods across states and simultaneously boost production. And therefore, put India’s fiscal system on the cutting edge of the world market economies. 2016 will witness transformation in the Indian Economy.
The world is undergoing turbulences, one after another, but India, however, appears to be much better placed. The dependence on domestic markets is the core reason of being safer but reforms in financial sector by the government and large forex reserves provides additional cushion against any internal and external market volatility.
This month, Investors India presents our readers with International Mutual Funds, a way to diversify a part of your portfolio, globally. The Cover Story of the month will reveal the methods you should follow to achieve complete financial freedom by effortlessly meeting your financial goals. Furthermore, you can also make your health better with tips on healthy liver in our section: Lifestyle Planning.
Wishing You Prosperity!
