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The capital expenditures of Indian railways can increase dramatically. While launching multiple new trains on well-travelled lines, the government might give priority to updating the present trains with amenities.
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Since greater spending on infrastructure projects is frequently a part of political agendas, government concentration on infrastructure development can benefit industries like construction, cement, steel, and real estate.
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Government policies encouraging the adoption of renewable energy sources, such as solar power, wind energy, and electric vehicles, may lead to growth in industries like these, given the emphasis on clean energy and sustainability.
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Under the BJP government, the "Make in India" movement has spread to the defence industry, going beyond consumer durables and textiles.
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The increase in non-performing assets (NPAs) and bad loans in PSU banks has long alarmed the government. Since the BJP took office, the country has witnessed the unlikely merger of many well-known banks.
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When combined with gasoline, ethanol produces less greenhouse gas emissions. To encourage the manufacture of ethanol, the government has started the Ethanol Blended Petrol (EBP) Program.
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Economic expansion is closely associated with the real estate industry. Real estate stocks may be impacted by laws pertaining to developer incentives, home loan interest rates, and affordable housing.