Important for India to focus on green investment post-pandemic: IMF
The Hindu
“On the economic front, therefore, even though the situation is improving, the priority remains to address the health emergency,” IMF’s Fiscal Affairs Department Deputy Director said.
As the Indian economy recovers from the COVID-19 pandemic that hit it hard, it is important for the country to focus on public investment, particularly in green sectors, the International Monetary Fund said on Wednesday.
“As we move towards the recovery, it is also important to focus on public investment, particularly on green investment, so that the recovery can be inclusive and green,” IMF’s Fiscal Affairs Department Deputy Director Paolo Mauro told reporters during a news conference here.
He said India’s debt is at the ratio of about 90 per cent, and it is important to give a signal that there is a medium-term fiscal framework in place that ensures investors that the debt ratio will decline in the medium term.
According to BACL, the biophilic-inspired business park will offer smart workspaces within a vibrant public realm. The project’s most exceptional and breathtaking attribute lies in the Urban Forest, a lush oasis in the centre of the development. This green space will serve as a focal point, seamlessly blending indoor and outdoor spaces throughout the area. The upcoming metro station in Airport City will provide seamless connectivity to the business park from the northern side, ensuring convenient accessibility.