A slowdown in government capital expenditure at both central and state levels limited growth in capital investments to 5.4 per cent in the second quarter of FY25, down from 7.5 per cent in the previous quarter, according to data released by the National Statistical Office (NSO) on Friday.
Gross fixed capital formation (GFCF), a key gauge of infrastructure investment, accounted for 30.8 per cent of GDP in the July-September quarter, compared to 31.3 per cent in the April-June period.
An investment share above 30 per cent is widely considered critical for driving economic growth.
This story is from the November 30, 2024 edition of Business Standard.
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This story is from the November 30, 2024 edition of Business Standard.
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