Capex declines 9% in November; Centre pushes state transfers to meet goals

Quick Summary:

In the first four months of FY25, according to an ICRA report, there were awards for 563 km, 50 per cent lower than the 1,125 km in the similar period of FY24.

Pending capital infusion into Bharat Sanchar Nigam Ltd, for which the Budget has allocated Rs 82,916 crore, could have increased capex utilisation by the telecom ministry.

There was a year-on-year decline of 15 per cent in capex utilisation in April-October FY25.

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Category: BusinessFinance

Markets: India

Topics: Controller General of Accounts Capital expenditure Central government

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Published On: 2025-01-03 @ 21:25:12 (4 days ago)

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Language: English

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