TAG: capital spending
Capex now top priority for the government: MC Analysis
While India has upped its spend on building roads and highways to 3.4 percent of GDP in FY25 from 1.7 percent in FY14, its spending on education has been on a decline. Education spending as a share of GDP is set to decline to 0.37 percent in FY25, from 0....
2 months ago
Fiscal deficit narrows to 8.1 percent of the full year estimate in Q1FY25
Centre’s fiscal deficit narrowed to 8.1 percent of the full year estimate in the first quarter of the year, compared with 25.3 percent during similar period last year, government data released on July 31 showed.The fiscal deficit had narrowed to 3 percent...
2 months ago
Fiscal deficit at 17.2% of FY25 estimate as of July
Fiscal deficit narrowed to 17.2 percent of the full year estimate in the first four months of the year, compared with 33.9 percent during similar period in the previous year, government data released on August 30 showed.Capex utilisation remained lower at...
1 month ago