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Challenges in the cement industry
, Sharma T.
Published in Sameeksha Trust
Volume: 55
Issue: 36

On 15 August 2020, in the address to the nation, Prime Minister Narendra Modi announced an investment of `102 lakh crore on infrastructure development during 2020–25. Elena Stupnikova and Tatyana Sukhadolets (2019) suggest that the construction sector plays a very critical role in gross fixed capital formation (GFCF). Investment in infrastructure will be able to help India come out of the unprecedented slowdown in the global economy due to the COVID-19 crisis. The fall in the global economy is compared to the great depression of the 1930s and is severe than the 2008 global financial crisis.

About the journal
JournalEconomic and Political Weekly
PublisherSameeksha Trust
Open AccessNo