India Inc seeks capex focus, sops for jobs in next Budget

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The recommendations came amid an assessment that the developments in the global economic situation may have an impact on India. “While overall, the Indian economy has done well, it is not immune to the global context. Global uncertainties and the global growth slowdown have already started to impact our exports, after a stellar performance last fiscal,” CII president Sanjiv Bajaj said while proposing a Rs 10-lakh-crore target for capital expenditure for the next fiscal year.

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