• SENSEX
    NIFTY 50
VIDEOS
Economy

Budget 2020: Majority of CEOs seek budget measures to boost infrastructure

Updated : January 29, 2020 06:45 PM IST

The Union Budget is less than 72 hours away and the top priority on India Inc's wish list is crystal clear.

CNBC-TV18 and Dhruva Advisors polled 130 CEOs across a wide range of sectors and an overwhelming majority of 71 percent have called on the government to encourage infrastructure spending. With growth slowing to its lowest level in 6 years, the industry is hoping that an impetus to infrastructure can boost demand and jobs to put the economy back on the growth path.

In fact, a majority of 52 percent CEOs see infrastructure spending and urbanisation as the key driver that can positively impact their businesses in the upcoming financial year.

When asked which sector will see high growth in the coming year, the majority of CEOs once again voted for infrastructure. A majority of 56 percent of CEOs expect this sector to drive the economy.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV
Advertisement