{"id":256946,"date":"2023-08-22T20:20:39","date_gmt":"2023-08-22T14:50:39","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=256946"},"modified":"2023-08-22T20:20:39","modified_gmt":"2023-08-22T14:50:39","slug":"up-gujarat-among-top-5-states-in-new-investments-kerala-assam-at-bottom","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/up-gujarat-among-top-5-states-in-new-investments-kerala-assam-at-bottom\/","title":{"rendered":"UP, Gujarat among top 5 states in new investments; Kerala, Assam at bottom"},"content":{"rendered":"\n<p><b>Source: <\/b><span style=\"font-weight: 400;\">The post is based on the article <\/span><b>\u201cUP, Gujarat among top 5 states in new investments; Kerala, Assam at bottom\u201d <\/b><span style=\"font-weight: 400;\">published in <\/span><b>Indian Express on 20th August 2023.<\/b><\/p>\n<h2><b>What is the News?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">According to a study by the Reserve Bank of India (RBI), five states accounted for more than half of the total bank-assisted investment proposals made during the year 2022-23.<\/span><\/p>\n<h2><b>What are the key findings of the RBI study?<\/b><\/h2>\n<p><b>Overall investment plans <\/b><span style=\"font-weight: 400;\">shot up by 79.50% with a capital outlay of around 3.5 lakh- the highest since 2014-15.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2013 Significantly, this rise in new investments has happened at a time when the RBI hiked the repo rate.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2013 Pick-up in investments is largely due to the capital expenditure plans of the government.<\/span><\/p>\n<p><b>State wise distribution of investments<\/b><span style=\"font-weight: 400;\">: Five states accounted for more than half of the total bank-assisted investment proposals made during the year 2022-23<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2013 These five states are- Uttar Pradesh, Gujarat, Odisha, Maharashtra, and Karnataka.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2013 On the other hand, Kerala, Goa and Assam were at the bottom of the table in getting the lowest number of new investments.<\/span><\/p>\n<p><b>Sectors which received investment:<\/b><span style=\"font-weight: 400;\"> The investment in green field (new) projects accounted for the largest share of 93.1% in the total cost of projects financed by banks and Financial institutions(FIs) during 2022-23.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2013 Infrastructure sector comprising power, telecom, ports and airports, storage and water management, special economic zone (SEZ), industrial, biotech and IT park, and roads &amp; bridges, remained the major sector accounting for 60% share in the total cost of projects during 2022-23.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: The post is based on the article \u201cUP, Gujarat among top 5 states in new investments; Kerala, Assam at bottom\u201d published in Indian Express on 20th August 2023. What is the News? According to a study by the Reserve Bank of India (RBI), five states accounted for more than half of the total bank-assisted&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/up-gujarat-among-top-5-states-in-new-investments-kerala-assam-at-bottom\/\">Continue reading <span class=\"screen-reader-text\">UP, Gujarat among top 5 states in new investments; Kerala, Assam at bottom<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127,9],"tags":[10500],"class_list":["post-256946","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-economy","category-public","tag-indian-express","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/256946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=256946"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/256946\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=256946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=256946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=256946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}