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    Vikshita Vitthal Gujaran in News

    01 Feb 01:00 PM


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    FM Sitharaman sets FY25 capex target at Rs 11.1 lakh crore in Budget

    The FY25 capex will be 3.4 percent of the GDP. Infra stocks gain as capex outlay increased by 11.1 percent in FY25

    The government allocated Rs 11.1 lakh crore as capital expenditure for the next fiscal year, Finance Minister Nirmala Sitharaman said in her budget speech on February 1. This is a rise of 11.1 percent.

    The FY25 capex will be 3.4 percent of the GDP. Infra stocks gain as capex outlay increased by 11.1 percent in FY25

    That compares with the Rs 10.01 lakh crore budgeted for the current fiscal year, which was 33.5 percent higher than the money budgeted in the year ended March 31, 2023.

    #Budget #capex #capital expenditure #Economy #investments

    Source - Money Control