India’s infra push won’t succeed without reducing NPAs in sector: Chief Economic Advisor

Krishnamurthy Subramanian’s views echo that of RBI Governor Shaktikanta Das. In July 2020, Das had said a big push for mega infrastructure projects could reignite the economy, but banks saddled with infra-related NPAs, may not be best placed to finance these projects.

from Moneycontrol Economy News https://www.moneycontrol.com/news/economy/india’s-infra-push-won’t-succeed-without-reducing-npassector-chief-economic-advisor_14919841.html
via IFTTT