STATES' CAPITAL EXPENDITURES likely fell by nearly 7% year-on-year in the April-November period of the current financial year while their borrowings dipped by 4%, reflecting the slack during general elections and capacity constraints thereafter.
A review of the finances of a dozen states by FE showed that their capex declined to about ₹2.22 lakh crore, compared with ₹2.38 lakh crore with an annual growth of 44% in the year-ago period.
The states reviewed were Uttar Pradesh, Odisha, Madhya Pradesh, Andhra Pradesh, Karnataka, Tamil Nadu, Haryana, Kerala, Punjab, Rajasthan, Uttarakhand and Assam.
Denne historien er fra December 23, 2024-utgaven av Financial Express Pune.
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Denne historien er fra December 23, 2024-utgaven av Financial Express Pune.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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