India's July-Nov 2024 capex growth shows strong focus on defence, railways, roads: Economic Survey
Jan 31, 2025, at 06:43 pm
New Delhi: From July to November 2024, India's government capital expenditure (capex) rose by 8.2%, with sectors like defence, railways, and road transport making up 75% of the total outlay, according to the Economic Survey 2024-25 released on Friday.
Jan 31, 2025, at 06:30 pm
The Economic Survey tabled in the Indian Parliament on Friday said the Union Government‘s capital expenditure on key infrastructure sectors has grown at a rate of 38.8 per cent from 2019-20 to 2023-24.
Sitharaman bats for capex over free cash transfers to boost consumption
Dec 17, 2024, at 09:53 pm
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday asserted that capital expenditure (capex) is a more effective way to boost consumption than simply “putting money in the hands of the people,” media reports said.
Big push for capex: Finance Minister Nirmala Sitharaman eases norms for expenditure over Rs 500 cr
Sep 05, 2024, at 05:39 am
New Delhi: The finance ministry has eased rules for expenditures exceeding Rs 500 crore to speed up capital expenditure, which is set at Rs 11.11 lakh crore for the current fiscal year, News agency PTI reported.
Jul 25, 2024, at 06:51 am
New Delhi: Global credit rating agencies have praised the FY25 Budget for maintaining a strong commitment to reducing fiscal deficit. Moody's Ratings highlighted that the Budget is viewed as a positive development for the country's credit outlook, media reports said.
Nov 18, 2022, at 01:52 am
Siliguri (West Bengal)/IBNS: Union Road Transport and Highways Minister Nitin Gadkari Thursday inaugurated and laid the foundation stone of 3 NH projects worth Rs 1206 crore in Siliguri, nearly 600 km from Kolkata, in North Bengal.