India needs to double capex in medium term to fund infra: DEA secretary

India needs to double capital expenditure in the medium term from about 5-6 per cent of gross domestic product (GDP) at present to finance infrastructure, DEA secretary Ajay Seth said on Wednesday. He said that efforts should be made to channelize all avenues of savings to mobilize resources for increasing investment in infrastructure sector. ÔÇťOverall, … Read more