Infrastructure Spending

GST: Govt may have to cut infrastructure spending as revenue is hit, fiscal math goes for a toss

Hurried rollout of GST has impacted state coffers. Dividends from state-run companies are expected to fall and a $11 billion share sale programme is slowing down

Recovery at last? PM Modi's infrastructure splurge revives investment in India

Indian firms are, however, waiting for better returns before committing new investments