The Government of India is conducting a Forward Looking Survey on Private Corporate Sector Capex Investment Intentions to gather data on investment plans and strategies for the upcoming fiscal year. A notification on this survey was published on October 17, 2024.
Key Points of the Notification
- Statistics officers will issue notices to registered enterprises, requesting information on capital expenditure outlook, intentions, and investment strategies for 2024-25 and 2025-26.
- Data will be collected on various aspects such as buying/selling capacity, preferred sectors and locations, investment strategies, and challenges faced by industries.
- The deadline for submitting information will be specified in the notices issued to individual enterprises, typically falling between October 2024 and March 2025.
- While business records may be inspected in certain cases, the government emphasizes that routine inspection of records is not planned.
Importance of Data
This survey will provide valuable insights into the investment climate and future business plans of the private corporate sector in India. The collected data will assist policymakers in understanding industry trends and making informed decisions about economic policies.
The government is encouraging all eligible enterprises to participate in the survey and provide accurate and timely information. Their contributions will play a vital role in shaping the government’s understanding of the business landscape and its future direction.
