J P Chawla & Co. LLP

Fineprint Vol.1 2019

India aims to invest US$ 1.4 trillion in infrastructure over the next five years to bolster its economy towards reaching US$ 5 trillion by 2024. Finance Minister Nirmala Sitharaman highlights the adoption of Public Private Partnership (PPP) models and Asset Recycling to revamp existing infrastructure while fostering new developments. Notable initiatives include corporate social responsibility (CSR) contributions totaling Rs 50,000 crore over five years, with companies dedicating over Rs 10,000 crore annually since 2014-15. Unified Payments Interface (UPI) usage is set to soar to 500 million users in three years, according to NPCI CEO Dilip Asbe. India’s improved ranking in the World Bank’s ‘Ease of Doing Business 2020’ report, DHL Express India’s Rs 100 crore investment plan, and Nestle India’s rural market focus further underscore the nation’s dynamic economic landscape.

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