Investments by central agencies & CPSEs decline 10% in Apr-Nov
Financial Express Bengaluru|January 07, 2025
INVESTMENTS BY CENTRAL government agencies and central public sector enterprises (CPSEs) fell 10% on year to ₹4.41 lakh crore in April-November of the current financial year as the railways and the National Highways Authority of India (NHAI) were yet to regain the capex pace after election-induced slowdown.
PRASANTA SAHU

Investments by the railways and NHAI are largely funded through the Budget. Both entities accounted for 55% of the CPSEs' capex target for FY25. The slowdown in their capex has also affected the Centre's capex, which fell 12% in April-November. In April-November 2024, the Railway Board's capex fell by over 12.5% to ₹1.49 lakh crore while NHAI investments dropped by 9.7% to ₹1.04 lakh crore.

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