News Business Chidambaram: Investment cycle must start again for high growth

Chidambaram: Investment cycle must start again for high growth

New Delhi: Union Finance Minister P Chidambaram today said that the economy has stabilised and the investment cycle must start again for high growth. The capex plan for 23 PSUs is estimated at Rs 1.33 lakh

chidambaram investment cycle must start again for high growth

PTI Published : May 08, 2014 16:31 IST Updated : May 08, 2014 16:37 IST

New Delhi: Union Finance Minister P Chidambaram today said that the economy has stabilised and the investment cycle must start again for high growth.

The capex plan for 23 PSUs is estimated at Rs 1.33 lakh crore in FY15, he said, adding that the additional capital requirement of PSU banks will be over Rs 45,528 crore in FY15.

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