Sun Jan 19 21:57:41 UTC 2025: ## India Inc. Urges Budget 2025-26 to Prioritize Infrastructure Spending Amidst Global Uncertainty

**NEW DELHI** – Indian businesses are calling for significant capital expenditure (CAPEX) and infrastructure investment in the upcoming Budget 2025-26, according to Reserve Bank of India (RBI) Monetary Policy Committee member Nagesh Kumar. This plea comes amidst growing global economic challenges. The space sector is also seeking government support, including production-linked incentive (PLI) schemes, tax holidays, and increased utilization of satellite data. These requests highlight the need for proactive government intervention to stimulate growth and address sector-specific needs. The article also notes a recent surge in air travel and ongoing discussions about electric vehicle pricing strategies.

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