Capex up 40% but may still fall short of target
Hindustan Times Chandigarh|December 17, 2024
After falling way short of targets in the first two years, the Bhagwant Mann-led Aam Aadmi Party (AAP) government's capital expenditure (capex) has shown signs of improvement during the April-November period of the financial year 2024-25.
- Navneet Sharma
Capex up 40% but may still fall short of target

CHANDIGARH:

The state government's spending on asset creation in the first eight months of the current fiscal year stood at ₹3,700 crore, which is 40% more than the capex of ₹2,646.91 crore during the corresponding period of the previous year, according to a comparative analysis of the data on key fiscal indicators released by the office of accountant general.

In 2022-23, capital expenditure was ₹2,641.45 crore between April and November. Capital expenditure, or capex, is the investment made by the government on the creation of assets that are long-term in nature, give a fillip to economic activity, and generate additional streams of revenue. Income-generating capital assets recover their costs over a period of time.

この蚘事は Hindustan Times Chandigarh の December 17, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は Hindustan Times Chandigarh の December 17, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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