Union Budget 2025: Rise in government capex and I-T relief can boost growth, says CII president Sanjiv Puri

CII president Sanjiv Puri suggests a 25% increase in government capital expenditure and personal income tax relief to stimulate growth. He emphasizes the importance of continued investment in public capex for economic competitiveness and warns against excessive fiscal tightening that could hinder investments. CII also advocates focusing on agriculture, private investment, and rural industrialization.