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Booster shot for infrastructure sector!

The Budget seems to be focused on high impact areas and accelerating the capital expenditure cycle.

CIL confident to achieve Rs 9,000 cr capex target

Coal India (CIL) is confident of achieving this fiscal year's (2013-14) Rs 9,000 crore capital expenditure target. The government-owned company had missed its capex target of last fiscal. CIL has also informed the Union Finance Ministry that it would pay dividend of Rs 7,958 crore for the fiscal year 2013-14.

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