 "capex")
CHALLENGES
- States have been increasing capital expenditure, but fiscal deficit remains higher than pre-pandemic times
- Devolution of central taxes among states has remained a contentious issue over cess and surcharge collections which are not shared with the states
TAKEAWAYS
- Purvodaya, a plan for the all-round development of the eastern region of the country including Bihar, Jharkhand, West Bengal, Odisha and Andhra Pradesh
Also Read
 "rupee, indian rupee, indian currency")
 "Amit Shah, Madhya pradesh election")
 "borrowing")
 "capex")
- Additional allocations for the development of Andhra Pradesh and Bihar in terms of infrastructure development
 "jobs, resume, employment")
 "Nirmala Sitharaman, finance ministerm, Union Budget, Budget 2024")
 "Infrastructure, real estate, building, budget")
 "Ship, shipbuilding, shipbuilders")
 "A high-level government committee has raised concern over continued delays in payment to companies in the production-linked incentive (PLI) schemes, Business Standard has learnt. PSU")
