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SOURCES TO COGNCIS : BPCL Plans To Raise At Least Rs 1,000 Cr Via 10-Yr Bonds RAIL MIN OFFICIAL : Plan To Spend Rs 7,887 Cr Next FY To Procure Rail Coaches RAIL MIN OFFICIAL : Also Plan To Buy 801 Coaches From Integrated Coach Factory RAIL MIN OFFICIAL : Plan To Spend Rs 25,194 Cr FY18 To Buy Locomotives, Coach,Track Layers

“Govt Needs To Deploy A Long-Term Solution”

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August 6: YES Bank Chief Economist Shubhada Rao says elections would put some money into people’s hands, but that would trend towards consumption instead of investments. “Just reviving consumption without encouraging investment will be counter-productive,” she says, adding that the government needs to continue deploying capital for development.