Higher Investment Spending Unlikely in Budget: Madan Sabnavis
PUBLISHED ON: February 9, 2016 | Duration: 15 min, 12 sec
Madan Sabnavis, chief economist at CARE Ratings, told NDTV Profit that looking at the nominal GDP growth projection of 8.6 per cent against earlier projection of 10.5 per cent, there is less elbow room for the government to increase investment spending in the coming budget.
