Business Standard

As states table their Budgets, here's how the capex numbers stack up

Capex is not the favourite word in the lexicon of ministers despite the generous flow of resources for building assets

As states table their Budgets, here's how the capex numbers stack up
Premium

Subhomoy Bhattacharjee New Delhi
Plans for hospitals, roads, logistics parks and such have peppered the budget documents of the half a dozen state governments for FY24 but state finance ministers have hardly connected those numbers with job prospects or the oft-repeated 'rahat' (support) for different constituencies. The numbers also do not always add up. 

Capex is not the favourite word in the lexicon of these ministers despite the generous flow of resources (Rs 2.3 trillion) for building assets that the centre has directed at these states from FY23 and promises to keep up in FY24. And where the state is over-committed as in Uttar

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in