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Tuesday, March 26, 2024
TopicCapital expenditure

Topic: capital expenditure

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.

Worried about fiscal deficit blowout, Modi govt is cutting back on capital expenditure

The capital expenditure stood at 40% of the budgeted amount in the six months to September, down from 55.5% in the year-ago period, govt data shows.

On Camera

Mamata Shankar stuck in Dark Ages. Gen Z showing India there’s no one way to wear a saree

In an interview with Anandabazar Patrika Shankar waxed eloquent about her many objections to the pallu not covering the bosom area of Gen Z women. She called them ‘women of the street’.

Why Tamil Nadu’s women make up nearly half of India’s female factory workforce

With an educated & skilled workforce, Tamil Nadu has a burgeoning industrial sector which has scored massive investments in automobiles, electronics, and even footwear.

Taiwan reports Chinese military activity around the island

Taiwan has detected a total of 301 Chinese military aircraft and 165 Chinese naval vessels so far in 2024.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.