Thursday, 11 August, 2022
TopicCapital expenditure

Topic: capital expenditure

Modi govt achieves record capex in April-June despite economic woes but states struggle

States’ capital spending has slowed when compared to previous year. However, it's expected that Centre will provide them funds to spend on infrastructure by way of transfers.

Why Modi govt is betting on the construction sector to rebuild economy & create jobs

The big capex push will not only create productive assets, but also more jobs. This, in turn, will create sustainable demand as well as crowd in private investment and push growth.

Budget has many things for the common man. Look closely, they are coming

It is only a matter of time before the strong emphasis on capital expenditure will crowd in private investment.

Digital India is Modi govt’s priority. Budget gives it a push — from manufacturing to infra

The FY23 fiscal policy appears to be guided by the objective of sustaining economic growth momentum while also being committed to gradual fiscal consolidation.

FM Sitharaman has made a prudent choice in pushing capex instead of demand stimulus

The Modi government has given a boost to capital expenditure and announced several infra projects to pump-prime private investment and economic recovery.

No populism, no tax cuts, only capex & focus on infrastructure, growth in Modi govt’s Budget

The government will spend a total of Rs 39.45 lakh crore in FY23, a rise of 4.6% from the revised spending target of 2021-22 at Rs 37.7 lakh crore.

Increase capital spending, Centre tells states, Sitharaman to meet state FMs next week

Efforts to ensure that states increase capital spending also come at a time when spending by the private sector has continued to be slow.

Cash-strapped states threaten India’s double-digit growth goal

The nation’s 28 states, which account for about 60% of total govt expenditure on infrastructure & asset creation, are hamstrung by declining tax revenue & cost of fighting Covid.

Many good things in Budget 2021. But wait for Modi govt to show its will, capability

Unless the Modi govt comes up with some out-of-the-box solution, the demand for recapitalisation could derail its fiscal plans for the year.

Nirmala Sitharaman hikes capital expenditure for FY 2021-22 by 34.5% to Rs 5.5 lakh crore

The government's planned capital expenditure for the current fiscal has been increased to Rs 4.39 lakh crore, as against the Budgeted Rs 4.12 lakh crore.

On Camera

YourTurn

Taliban confirms Al-Qaeda chief Ayman-al-Zawahiri's killing; condemn US drone attack

Al-Zawahiri dispatch from heaven: I am reunited with Osama. This is the new Muslim Brotherhood

Before you read any theory about how I, as the CEO of terror group al-Qaeda, was killed by Joe Biden, let me walk you through my own story of love, lust and betrayal.
File photo of Sterlite copper unit at Tuticorin in Tamil Nadu | By special arrangement

Shut since 2018 violence, TN Sterlite plant’s closure cost economy Rs 14,749 cr, says study

Copper plant in Thoothukudi was closed after protests turned violent & police firing left 13 people dead. Job losses one of major impacts, says study by NGO CUTS International.

Defence

Representational image | Indian Army soldiers during the Army Day Parade at Cariappa Parade Ground in New Delhi | ANI Photo

Army looks to reduce troops by 2 lakh, deployment in Kashmir could be rejigged

The Army, which faces a shortage of about 1.35 lakh personnel, is aiming to reduce its strength from 12.8 lakh to around 10.8 lakh.

In Kashmir 3 years on, 3 positive changes, 3 things that should’ve happened & 3 that got worse

Kashmir as a crisis has fallen off our headlines and from the top of our collective minds. Which is precisely the most important change for the better.
×