Centre pushes transfer to states to meet capex goals
Business Standard|January 04, 2025
Capital expenditure (capex) in the country in November declined 9 per cent over the previous month amid expectations that it would intensify in the second half this financial year.
Ruchika Chitravanshi
Centre pushes transfer to states to meet capex goals

The data released by the Controller General of Accounts (CGA), however, shows a positive trend in the transfer to states, which has grown 5 per cent in April-November this financial year from a year-on-year decline of 20 per cent during April-October 2024-25.

In what could ensure utilisation of more funds, the CGA data showed the highest amount of loans disbursed for capex in any single month this financial year was in November with the Centre releasing ₹18,486 crore as against ₹12,503 crore in October.

Experts feel despite government efforts there has been a lag in capex pickup but there is a good case for continued push towards such expenditure.

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