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'Laboured and tortuous': Chidambaram on Sitharaman's explanation on capex

Business Standard LogoBusiness Standard1d ago

'Laboured and tortuous': Chidambaram on Sitharaman's explanation on capex - Business Standard

Quick Summary:

Senior Congress leader P Chidambaram on Tuesday said Finance Minister Nirmala Sitharaman gave a "tortuous" explanation to his question about capital expenditure and asserted that the numbers "conclusively" proved that there was a "cut" in capex during 2024-25.

The former finance minister said Sitharaman has given a "laboured and tortuous" explanation to a simple question on what was the budget estimate for capital expenditure in the 2024-25 budget and what is the estimate at the end of year.

Chidambaram said this in a statement late this evening while responding to the answers given by Sitharaman in the Rajya Sabha.


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Category: BusinessFinance

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News Sentiment: Negative

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Article Type: News Report

Published On: 2025-04-02 @ 07:27:04 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 541 words

Reading Time: 4 minutes read

Sentences: 19 lines

Sentence Length: 29 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 27528118

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