Investment projects bounce back in Q4: report
The Hindu
Project execution rate highest since March 2021; private sector and government-backed capital spending taking off
Fresh investments rebounded strongly in the last quarter of 2020-21, with both private sector and government-backed capital spending taking off sharply for the first time in the pandemic-hit year, even as the project execution ratio, which denotes actual ground-level action, hit a five-year high. The Q4 surge drove up the overall fresh investments in 2020-21 to ₹10.72 lakh crore, just 1.2% below the 2019-20 levels, although investments had plummeted sharply that year from ₹16.87 lakh crore in 2018-19. New project investments in the January to March 2021 quarter hit almost ₹4 lakh crore, nearly ₹1 lakh crore or 33.4% higher than the previous quarter, according to the latest Projects Investment Survey by Projects Today.More Related News

Scaling Artificial Intelligence(AI) at the speed at which consultants project is not possible by the laws of physics and may not be environmentally sustainable, said Tanvir Khan, who is the Executive Vice President and Chief Operating Officer of NTT DATA North America, part of the Japanese technology services and data centre company NTT Data, in an interview with The Hindu.












