PM Modi exhorts India Inc to make most of budget, ramp up investments

'Govt paving way for collective ownership in Budget implementation'

Prime Minister Narendra Modi on Tuesday urged India Inc to take advantage of the announcements made in the Budget 2023-24 and step up its investment on the back of the Centre’s capital expenditure (capex) push.

Addressing a post-Budget webinar, the prime minister pointed out that his government had raised the capex outlay for FY24 by 33 per cent to a record Rs 10 trillion. “I would call upon the private sector of the country to increase its investment just like the government, so that the country gets maximum benefit from it,” he said.

Modi said there was a time when the world