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On the down side of current fiscal inland waterways is not progressing well. From the progress reports there seems to be resistance in UP and Bengal. Equipment acquisition is ok but constructions Works are slow.
On the upside Jaitley was saying that 81% if funds in current fiscal already spent, which does not happen usually. Usually 50% gets spent in last quarter.
And also going by the tenders, defence ministry may not be returning any monies this fiscal. Last two fiscals they did.
On the upside Jaitley was saying that 81% if funds in current fiscal already spent, which does not happen usually. Usually 50% gets spent in last quarter.
And also going by the tenders, defence ministry may not be returning any monies this fiscal. Last two fiscals they did.