THE CENTRE, STATES, and central public sector enterprises (CPSEs) will likely invest around ₹27.5 lakh crore in 2025-26, a sub-10% growth in public capex for the second consecutive year. This comes after registering 15-16% growth in such asset-creating spending by the government sector between FY22 and FY24, according to an FE analysis based on information gathered from different sources.
The Centre is unlikely to go for a big increase in its budgetary capital expenditure target for the next fiscal year. It may peg the target at around ₹11 lakh crore for the next fiscal, which is the budget estimate (BE) for the current year.
For 2024-25, the Centre had set a capex target of ₹11.11 lakh crore, a 17% increase over ₹9.5 lakh crore achieved in FY24. Officials, however, reckon that actual spending will be around ₹10.2 lakh crore during the year.
هذه القصة مأخوذة من طبعة December 30, 2024 من Financial Express Kochi.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 30, 2024 من Financial Express Kochi.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Uttarakhand govt clears UCC rules
Set to be rolled out after local body elections
Bachchan's ₹83-crore deal: Mumbai property market sizzles again
STARS HEATING UP CITY REALTY
Ethanol production to get a boost from cut in FCI rice prices
The government's decision to significantly reduce prices of the rice allocated for ethanol manufacturers from the Food Corporation of India's surplus stocks would bring in stability in grain prices.
Trump factor has implications for economy and business, says Birla
2025 WILL BE MARKED by uncertainty, unpredictability and will be unorthodox, Aditya Birla Group chairman Kumar Mangalam Birla said on Monday while reflecting on the year ahead.
UBL to resume Telangana beer supply
NO MORE DRY DAYS
On Day 2 of ceasefire, Gazans search for people under rubble
PALESTINIANS BEGAN SEARCHING on Monday for thousands of Gazans believed still buried under rubble, as residents expressed shock at the devastation wrought by 15 months of war on the enclave on the second day of a ceasefire between Israel and Hamas.
Telcos seek tax exemption on AGR dues
THE CELLULAR OPERATORS Association of India (COAI), which represents telecom operators, has urged the government to exempt service tax on additional adjusted gross revenue (AGR) dues arising from the recent Supreme Court's ruling.
Shock-proofing the UK economy
Rather than view recent market volatility negatively, the government has a chance to frame it as a moment to improve public understanding of what it is doing
Land rules, payment delays hurt manufacturing: CEA
TOUGH RULES FOR land use and large firms' reluctance to clear dues to micro, small and medium enterprises (MSMEs) in time are hurting India's manufacturing and exports, chief economic advisor V Anantha Nageswaran said on Monday.
Infy: Improvement in discretionary demand
Expects strong revenue growth of 5-7.9% in FY26
