India needs foreign direct investments worth Rs 50 to 60 lakh crore and the money can be tapped mainly through infrastructure projects as well as MSME sector to accelerate the wheels of coronavirus-hit economy, according to Union minister Nitin Gadkari.

India needs FDI investments worth Rs 50 to 60 lakh crore: Gadkari

Industry leaders expect the Union Budget for 2019-20 to lower corporate taxes and spur investments for shoring up consumption levels and reversing the slowdown in economic growth.

Industry leaders call for massive infrastructure investments ahead of Union Budget FY20

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