India is planning to spend strongly to invest in domestic infrastructure construction to promote the economic development of the country.

According to the "India Times" reported on December 1, India’s Minister of Finance Nirmala Sitharaman announced at a business summit held by Mumbai that India’s five -year plan will soon open infrastructure construction, and the next five will be five -year.In the year, India will invest more than 1 million Rsitaries (about 1.39 trillion US dollars) to carry out a number of large -scale infrastructure projects. The initially confirmed 10 first -phase projects will be announced before December 15.

According to Reuters reported on the 1st, Sitraman said at the meeting that data released by India last Friday (November 29) showed that the economic growth rate of India slowly slowed to 4.5%from July to SeptemberThe minimum growth rate has brought more pressure on the Modi government to accelerate economic reform.

Sitraman said that the current professional officials are studying which projects can be prepared as early infrastructureKolkata Wealth Management. Once the funds are ready, these projects will be prioritized.

Modi came to power for the first time in 2014 and successfully re -elected in May this year.He has always promised to develop the Indian economy and increase its efforts to attract foreign capital. It has also carried out a series of reforms such as corporate tax and the privatization of state -owned enterprisesBangalore Investment. However, due to the lack of structural changes, the Indian economy has always been difficult to achieve leaps.According to Reuters, some economic indicators in India currently show that its domestic consumption is weak, and many economists predict that India’s current economic slowdown may last for two years.

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