New Delhi, April 1 -- India's investment report card received a significant boost from high-cost government projects in the March-ended quarter, providing a potential last-minute push after a slow year, even as private sector appetite remained subdued. However, despite the upbeat performance in the final quarter, the momentum was not enough to shift the overall sentiment for the full year.
During the quarter, new projects worth Rs.18.7 trillion were announced nationwide, accounting for half of the total new projects announced for the entire year, according to provisional data from the Centre for Monitoring Indian Economy (CMIE).
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