Decadal perspective of Modi govt: Crowding in private investments

Though better than before, cost overruns remain a concern. Higher allocations for capital expenditure in FY25 despite the emphasis on prudence

Bs_logoNew Delhi: Union Finance Minister Nirmala Sitharaman, carrying a folder-case containing the Interim Budget 2024, arrives at Parliament House complex to present the budget, in New Delhi, Thursday, Feb. 1, 2024. Union Ministers of State for Finance Pan
BS Reporter
1 min read Last Updated : Feb 01 2024 | 11:47 PM IST
Challenges

The government has been increasing the amount of money it spends on new roads, buildings and other capital expenditure (capex), but there have been signs of a slowdown amid fiscal tightening towards the end of FY24

Though better than before, cost overruns remain a concern

Takeaways

Higher allocations for capital expenditure in FY25 despite the emphasis on prudence
 
States also encouraged to spend more on capital expenditure in addition to spends by the union government


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Topics :Modi govtprivate investment CapexUnion Budget

First Published: Feb 01 2024 | 11:47 PM IST