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Monday, 16 September 2019

Proposed Rs 100 lakh cr expenditure puts infra sector in spotlight; L&T, Mahindra among 10 stocks in focus

Infrastructure sector has a big multiplier impact on the economy and experts feel that select stocks in the sector are likely to hog limelight.






To achieve the $5 trillion economy target, the government, earlier this year, constituted a high-level task force earmarking Rs 100 lakh crore for infrastructure projects by 2024-25.
The task force, headed by the economic affairs secretary, will draw up a 'National Infrastructure Pipeline' of Rs 100 lakh crore, the finance ministry said in a statement. This would include greenfield and brownfield projects costing above Rs 100 crore each.

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