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Government to go on a spending spree but will it spur investments?
Jan 25: With private sector investment not going up, the onus of reviving the Indian economy now lies with the government
8But the problem here is that the government is likely to be adopt populist measures aimed at the agriculture and the rural economy
8All the fiscal gains, including higher mop ups from petroleum, are likely to be wasted in revenue measures.
8Hence, the impetus from higher government capital outlays on the moribund private investments could still be elusive.
8But the big guns in the oil and gas sector are unlikely to be impacted by these policy shifts as their businesses are well insulated
8The oil marketing companies and gas suppliers are likely to cheer with good financial performance on the face of good demand pick up
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