India's next growth phase depends on strong investments, says CII

Contributing sentiments towards policy:

62% : He explained that public spending has pushed the country's recovery after the pandemic, and that continued support in this area will help India stay on track as one of the fastest-growing major economies.
61% : "The Government of India has provided a big demand push via income tax relief in last year's Union Budget and recently via GST 2.0.
56% : CII recommended tax credits or easier compliance for companies that increase investments or production, along with returning accelerated depreciation to help firms, especially MSMEs, modernise. Enhancing Foreign Investment To attract long-term global capital, CII proposed creating an NRI Investment Promotion Fund with partial government holding.

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