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Will the Rs 102 trillion infra plan boost L&T and other companies?

Analysts, in unison, gave a thumbs up to the latest measure by the government to boost the sagging economy but cautioned that more needed to be done to resolve existing issues

Infra investments: Getting the mojo back
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Swati Verma New Delhi
Construction and engineering major Larsen & Toubro (L&T) rallied over 1 per cent on Wednesday and was the top gainer on S&P BSE Sensex, a day after the government unveiled Rs 102 trillion infrastructure plan to boost growth. Other infrastructure players; however, were trading mixed in the trade.

Finance Minister Nirmala Sitharaman on Tuesday launched a National Infrastructure Pipeline (NIP), unveiling projects worth Rs 102 trillion, to boost economic growth and help the economy reach the $5-trillion target by 2024-25. The NIP has identified projects across 23 sectors and 18 states and Union Territories, which will be funded over the

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