As people were forced to remain indoors for most of the year due to the lockdowns, there was an unlikely winner in the pandemic-ravaged year household savings which rose to 22.5 per cent of GDP from 19.8 per cent in 2019.
The Finance Ministry has decided to provide an additional amount of upto 15 thousand crore rupees to States as interest free 50 year loan for spending on capital projects.
The country needs over USD 400 billion in capital investment which could save over 100 GW of energy and 1.1 billion tonne of greenhouse gasses between 2015 and 2030.
EXAMIANS