Budget: 10% increase in capex allocation likely for road, railways ministries in FY26
1 day, 7 hours ago

Budget: 10% increase in capex allocation likely for road, railways ministries in FY26

Live Mint  

New Delhi: The Centre proposes to keep its focus on rapid infrastructure growth in the next financial year, with plans to push capex allocation for the ministries of road transport and highways, and railways in the upcoming budget by upto 10%, two persons aware of the development said. Private investment BoT projects allow private sector bidders to take construction risk and invest in developing road projects, thereby relieving pressure on the government to make additional capital investments to keep up the building momentum. Similarly for railways, which has been getting almost its entire capex requirement from the budget for the past few years, may see a marginal increase in capital allocation for FY26 to around ₹2.75 trillion in the best case scenario against ₹2.52 trillion gross budgetary support provided in FY25. “More than the quantum of budget allocation to infrastructure sector, which is already quite high, the focus should be on better planning and coordination to complete on-going projects & improve execution certainty for ongoing investment programs, more private sector participation and asset monetisation, as well as effective integration of digital technologies into physical infrastructures" Debasish Mishra, Chief Growth Officer at Deloitte South Asia.

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History of this topic

Railways spends 76% capex for capacity improvement by far in 2024-25
19 hours, 40 minutes ago

Railways spends 76% capex for capacity improvement by far in 2024-25

Live Mint  

New Delhi, January 8 : Keeping pace with the budgetary allocation, Indian Railways has spent 76 per cent of its budgetary outlay within the first nine months of the current fiscal year 2024-25. According to the latest expenditure report of Indian Railways till January 5, 2025, heavy investment is made in capacity augmentation, a reality aiming to make rail travel …

India's GDP growth may hit 4-year low of 6.4% in FY25, shows government data
2 days, 6 hours ago

India's GDP growth may hit 4-year low of 6.4% in FY25, shows government data

India Today  

India’s GDP growth is projected to slow sharply to 6.4% in FY25, down from 8.2% in FY24, according to the first advance estimates released by the National Statistics Office. "Real GDP has been estimated to grow by 6.4% in FY 2024-25 as compared to the growth rate of 8.2% in Provisional Estimate of GDP for FY 2023-24. Real GDP at …

India’s April-November 2024 fiscal deficit hits 52.5% of FY25 target at ₹8.47 lakh crore
1 week, 1 day ago

India’s April-November 2024 fiscal deficit hits 52.5% of FY25 target at ₹8.47 lakh crore

Live Mint  

India’s fiscal deficit for the April-November period was ₹8.47 trillion, 52.5% of the estimate for 2024-25, according to the data released by the Controller General of Accounts on Tuesday. The latest figure is lower than ₹9.07 trillion a year ago due to the Reserve Bank of India dividend and subdued government capex during the first quarter amid the general elections, …

State’s spending shoots up, revenue collection remains below par
1 week, 5 days ago

State’s spending shoots up, revenue collection remains below par

Deccan Chronicle  

Hyderabad:The Comptroller and Auditor General of India on Friday released its detailed report on Telangana's state finances for April-November 2024, revealing significant increases in expenditure on debt servicing, salaries, pensions, and subsidies over the same period in 2023. The tax revenues reached `93,553.51 crore, representing 56.91 per cent of the `1,64,397.64 crore BE, marginally lower than 57.10 per cent last …

Govt to improve quality spending, cut fiscal deficit to 4.5% of GDP in FY26: FinMin Report
2 weeks ago

Govt to improve quality spending, cut fiscal deficit to 4.5% of GDP in FY26: FinMin Report

Live Mint  

The central government will continue to focus on improving quality spending, strengthening the social security net and bringing down the fiscal deficit to 4.5 per cent of the gross domestic product in 2025-26. The gross tax revenue was estimated at about ₹38.40 lakh crore with an implied tax-GDP ratio of 11.8 per cent. With the above estimates of receipts and …

Govt committed to improve quality spending, cut fiscal deficit to 4.5% in FY26: Finance Ministry report
Trending News
2 weeks ago

Govt committed to improve quality spending, cut fiscal deficit to 4.5% in FY26: Finance Ministry report

The Hindu  

The government will continue its focus on improving quality spending, strengthening the social security net and bring down the fiscal deficit to 4.5% of the GDP in FY26, a Finance Ministry document said. The Union government is committed to pursuing the glide path of fiscal consolidation as announced in the Budget for FY 2021-22 and to attain a level of …

Govt committed to improve quality spending, cut fiscal deficit to 4.5 pc in FY26: Finmin report
2 weeks, 1 day ago

Govt committed to improve quality spending, cut fiscal deficit to 4.5 pc in FY26: Finmin report

Live Mint  

New Delhi, Dec 25 The government will continue its focus on improving quality spending, strengthening the social security net and bring down the fiscal deficit to 4.5 per cent of the GDP in FY26, a finance ministry document said. The Union government is committed to pursuing the glide path of fiscal consolidation as announced in the Budget for FY 2021-22 …

Union Budget 2025–26: Finance Ministry to Be Flexible in Fiscal Policy
2 weeks, 2 days ago

Union Budget 2025–26: Finance Ministry to Be Flexible in Fiscal Policy

Deccan Chronicle  

New Delhi: Ahead of the new Union Budget for 2025-26, the finance ministry has emphasised adopting a fair degree of flexibility in conducting its fiscal policy, but it also cautioned about the risk to growth, keeping in mind the prevailing uncertainty in the global economy. The government’s commitment to pursue the glide path of fiscal consolidation announced in the FY22 …

UP government presents 2nd supplementary budget of RS 17865.72 crore
3 weeks ago

UP government presents 2nd supplementary budget of RS 17865.72 crore

Hindustan Times  

[email protected] Finance Minister Suresh Khanna presenting a supplementary budget The UP government on Tuesday presented its second supplementary budget of ₹17865.72 crore for 2024-2025, including additional provisions for sprucing up the energy sector, making Prayagraj Mahakumbh secure and magnificent, creating development infrastructure, providing additional funds for maintenance of cows and ensuring the sanctity of examinations. The size of the second …

India Govt to Spend ₹30K Crore on Rail Revamp
3 weeks ago

India Govt to Spend ₹30K Crore on Rail Revamp

Deccan Chronicle  

Chennai: The government is expected to spend more than Rs 30,000 crore on railway station redevelopment over the next two years. Of these, the estimated cost of redevelopment of major stations under the Rail Land Development Authority phase I is likely to be around Rs 17,000 crore. A total of 1318 stations are being considered for redevelopment under the Amrit …

Centre to make highest-ever effective capital expenditure in fiscal year 2024-25, know what it is
3 weeks, 1 day ago

Centre to make highest-ever effective capital expenditure in fiscal year 2024-25, know what it is

India TV News  

The Central government is set to make the highest-ever effective capital expenditure in the fiscal year 2024-25, Union Finance Minister Nirmala Sitharaman said during the proceedings in Lok Sabha. Sitharaman on Tuesday stated that the effective capital expenditure of the Union govt for this fiscal year is pegged at a staggering Rs 15.02 lakh crore, among the highest such spending …

Highway capex moves in slow lane in FY25
3 weeks, 2 days ago

Highway capex moves in slow lane in FY25

Live Mint  

Spending to build and expand India's sprawling highway network has slowed sharply, with the Centre achieving only 55% of the capex target in FY25. In the April- November period, the National Highways Authority of India and the National Highways and Infrastructure Development Corp. Ltd which come under the road ministry, built less than 5,000 km of national highways, lower than …

Industry needs to up R&D spend, expect govt capex growth to sustain: Ficci
3 weeks, 5 days ago

Industry needs to up R&D spend, expect govt capex growth to sustain: Ficci

Live Mint  

New Delhi: Businesses need to step up their research and development spending, and the industry expects the government to sustain the growth in budget allocation for capital expenditure as these two would help the Indian industry to become more competitive in global markets, Harsha Vardhan Agarwal, president of Federation of Indian Chambers of Commerce and Industry, and vice-chairman and managing …

Capex support will continue for infrastructure development: Minister Chaudhary
3 weeks, 5 days ago

Capex support will continue for infrastructure development: Minister Chaudhary

Live Mint  

India's capital expenditure on infrastructure projects such as roads, railways, ports, airports, and telecommunications has been rising steadily over the years, and the government stands ready to make adequate funds available in next year's budget as well to maintain the sector's growth momentum, minister of state for finance Pankaj Chaudhary said on Friday. India aims to become a developed nation …

Cumulative capex of airports expected to grow 12 pc at ₹60,000 cr in 3 yrs: Report
3 weeks, 6 days ago

Cumulative capex of airports expected to grow 12 pc at ₹60,000 cr in 3 yrs: Report

Live Mint  

Mumbai, Dec 12 The cumulative capex of Indian airports is expected to grow 12 per cent at ₹60,000 crore in the three years through FY27 from ₹53,000 crore during 2022-2024, to add required infrastructure for about 65 million passengers per annum, ratings agency CRISIL said on Thursday. In addition to the expected growth in passenger traffic, increase in tariffs and …

Centre to earmark highest ever allocation of for rail safety in union budget
4 weeks ago

Centre to earmark highest ever allocation of for rail safety in union budget

Live Mint  

The upcoming Union budget may earmark the highest ever allocation of over ₹1.25 trillion for rail safety in FY26, two people aware of the plan said. A large part of this increased expenditure would go towards maintaining rolling stock and other infrastructure including track renewals to ensure that train journeys are safer, the person added. The causes of these accidents …

‘Centre, state CPSE capex could decline in FY25’
4 weeks, 2 days ago

‘Centre, state CPSE capex could decline in FY25’

Live Mint  

New Delhi: Capital expenditure by central infrastructure ministries, central public sector enterprises and state governments is expected to slow in FY25 after rising to a five-year high of 5.87% of GDP in FY24 due to reduced spending in the first two quarters, two people familiar with the matter said. "The Centre will continue its capital expenditure push in the upcoming …

Centre likely to miss ₹1.5 trillion capex loan target for states in FY25
1 month ago

Centre likely to miss ₹1.5 trillion capex loan target for states in FY25

Live Mint  

The Centre is likely to fall short of fully utilizing the budgeted allocation for states under the ‘Special Assistance for Capital Investment’ scheme in 2024-25, as state spending took a hit during the general elections and a slowdown in economic growth, particularly in the first two quarters, two people aware of the matter told Mint. "While the capital expenditure at …

Centre releases ₹50,571 cr to states as capex loans during Apr-Nov: MoS finance
1 month ago

Centre releases ₹50,571 cr to states as capex loans during Apr-Nov: MoS finance

Live Mint  

The Union government has released ₹50,571.42 crore to states as part of its ‘special assistance for capital investment’ scheme to be used for ramping up capital expenditure during the first eight months of the ongoing fiscal, according to the latest data from the finance ministry. Responding to a question from Member of Parliament Dilip Saikia in the Lok Sabha, Pankaj …

India’s fiscal deficit on track, but spending challenges persist, govt. has only five months left in FY25 to spend: UBI report
1 month ago

India’s fiscal deficit on track, but spending challenges persist, govt. has only five months left in FY25 to spend: UBI report

Live Mint  

New Delhi, December 2 : The central government fiscal deficit stands at 46.5 per cent of its budget estimates in the first seven months of the current financial year 2025, highlights a report by Union Bank of India. The report also noted that the capital expenditure of the government in the first seven months of the current fiscal stands at …

Central govt. capex to surge by 25 pc YoY in second half of FY25: Jefferies
1 month, 1 week ago

Central govt. capex to surge by 25 pc YoY in second half of FY25: Jefferies

Live Mint  

New Delhi, : The central government's capital expenditure is expected to surge by an impressive 25 per cent year-on-year in the second half of the financial year 2025, according to a report by Jefferies The report also noted that the overall expenditure of the government is also expected to surge by 15 per cent. The report underlined that while populist …

Capex slowdown helps govt cut deficit by 6.6 per cent in Apr-Oct
1 month, 1 week ago

Capex slowdown helps govt cut deficit by 6.6 per cent in Apr-Oct

New Indian Express  

NEW DELHI: The slowing down of capital expenditure has helped the central government keep its books in order with fiscal deficit contracting by 6.6% in the first seven months of the current financial year, according to the data released by the government. The fiscal deficit during the period was Rs 7.5 lakh crore, which is 46.5% of the budget target …

India’s Fiscal Deficit Widens to 46.5% in FY25 Amid Core Sector Growth
1 month, 1 week ago

India’s Fiscal Deficit Widens to 46.5% in FY25 Amid Core Sector Growth

Deccan Chronicle  

New Delhi: India's fiscal deficit widened to 46.5 percent of FY25 at Rs 7.51 lakh crore, which was higher than the previous year’s 45 percent for a similar period. While the country's eight core sectors' output surged by 3.1 per cent in October as compared to a growth of 2 per cent in September, two separate government data showed on …

Centre Could Miss Capex Target by Rs 70k Crore in FY25
1 month, 1 week ago

Centre Could Miss Capex Target by Rs 70k Crore in FY25

Deccan Chronicle  

Chennai: The Centre could miss the gross capex target for FY25 by Rs 70,000 crore mainly due to lower spending in defence, roads and highways, and railways in the first half. As per the revised budget estimate for FY25, the central government has set a gross capex target of Rs 11.1 lakh crore. This is 15.4 per cent down from …

Centre eyes 95% of undershot capex target for FY25: Ajay Seth
1 month, 2 weeks ago

Centre eyes 95% of undershot capex target for FY25: Ajay Seth

Live Mint  

New Delhi: The government’s capital expenditure for FY2025 is projected to align closely with last year’s spending, at around 95% of the allocated target, though the target itself may be undershot, Ajay Seth, secretary of the department of economic affairs said on Wednesday. Last year, we spent 95% of the allotted capex, and this year it is likely to be …

Government may ease quarterly capex limits to achieve record ₹11.11 trillion spending goal for FY25: Report
1 month, 3 weeks ago

Government may ease quarterly capex limits to achieve record ₹11.11 trillion spending goal for FY25: Report

Live Mint  

India is considering the relaxation of quarterly spending limits to ensure it does not fall short of its capital expenditure target for the financial year 2024/2025, according to a government source. Capital expenditure, or spending on building physical infrastructure, was at 4.15 trillion rupees during April-September, or 37% of the annual target, against 4.9 trillion rupees a year earlier. The …

AP Budget: Total Outlay at Rs.2,94,427.25 Cr
1 month, 4 weeks ago

AP Budget: Total Outlay at Rs.2,94,427.25 Cr

Deccan Chronicle  

Vijayawada: The annual Budget for Andhra Pradesh was presented in the state assembly on Monday by Finance Minister Payyavula Keshav. Keshav said the budget of Rs.2,94,427.25 crore for FY25 has a revenue expenditure estimated at Rs.2,35,916.99 crore and capital expenditure at Rs.32,712.84 crore. The finance minister announced an allotment of Rs.11,855 crore for agriculture and allied sectors, Rs.18,497 crore for …

Capital spending of 13 major states to be below budget estimate in FY25 after sluggish start: Icra
2 months, 3 weeks ago

Capital spending of 13 major states to be below budget estimate in FY25 after sluggish start: Icra

Live Mint  

New Delhi: The combined capital spending of 13 major state governments in India is expected to grow by 13% to ₹6.5 trillion in FY25, below the budget estimate of ₹7.2 trillion, rating company Icra said on Wednesday. {{^adFree}} {{/adFree}} A sluggish start to capital expenditure and an expected shortfall in revenue due to elections during April-May are likely to have …

Govt plans survey of lagging private capex
3 months, 2 weeks ago

Govt plans survey of lagging private capex

Hindustan Times  

The statistics ministry is planning to conduct a survey of private-sector capital investment going into the economy, which has been lagging government capex but is critical for growth and jobs in Asia’s third-largest economy, a senior official has said. Private sector investment has grown at a slower pace, outstripped by government fixed capital formation, a measure of public spending on …

Private capex to pick up, ₹4 lakh crore credit demand pipeline from India Inc: SBI Chairman
3 months, 2 weeks ago

Private capex to pick up, ₹4 lakh crore credit demand pipeline from India Inc: SBI Chairman

The Hindu  

Setty has said the bank has already got ₹4 lakh crore strong credit pipeline from India Inc and expressed hope that capital expenditure by the private sector is expected to pick up in the second half of the fiscal year. As far as public spending is concerned, Finance Minister Nirmala Sitharaman in the Budget proposed to raise the capital expenditure …

Parliament discusses ministry-specific allocation in budget
5 months, 1 week ago

Parliament discusses ministry-specific allocation in budget

The Hindu  

Both Houses took up discussions on ministry-specific budgetary allocations - railways, urban affairs, education and agriculture on August 1. Continuing the debate till 9 PM, the Lower House saw several Opposition MPs raise the slashing in education allocation for SC/ST/OBC and minority students. Opposition MPs Asaduddin Owaisi and Iqra Choudhary highlighted the concerning rate of dropouts among Muslim students, decreased …

FM Nirmala Sitharaman on Budget 2024: Union Budget strikes a fine balance between growth, employment, capital investment, and fiscal consolidation
5 months, 1 week ago

FM Nirmala Sitharaman on Budget 2024: Union Budget strikes a fine balance between growth, employment, capital investment, and fiscal consolidation

The Hindu  

Replying to the debate on the Union Budget in Rajya Sabha on Wednesday where more than 80 elders participated, Union Finance Minister Nirmala Sitharaman said the transfer of resources to the States is going unhindered and the inferences that she mentioned just two States in the budget was a propaganda created by the INDIA bloc to mislead the people. Countering …

India confident of achieving fiscal deficit target, on course with glide path: FM Sitharaman
5 months, 1 week ago

India confident of achieving fiscal deficit target, on course with glide path: FM Sitharaman

Live Mint  

The government is confident of achieving its fiscal deficit target and sticking to the glide path to trim it to 4.5% of the GDP by FY26, Union finance minister Nirmala Sitharaman told Parliament on Tuesday, addressing concerns raised by the Opposition on the budget. Sitharaman also outlined the government’s budgetary allocations for social sector welfare schemes, public capex, expenditure on …

Central government debt set to double to ₹185 trillion by FY25 amid fiscal challenges and policy shifts
5 months, 1 week ago

Central government debt set to double to ₹185 trillion by FY25 amid fiscal challenges and policy shifts

Live Mint  

India's central government debt is projected to escalate to ₹185.27 trillion, or 56.8% of GDP, by the financial year 2024-25, up from ₹93.26 trillion, or 49.3% of GDP, in 2018-19, the minister of state for finance Pankaj Chaudhary said in a written reply to the Lok Sabha on Monday. This projected increase in debt follows a significant rise over the …

What’s the Budget push for infrastructure?
5 months, 1 week ago

What’s the Budget push for infrastructure?

The Hindu  

The story so far: In her Budget proposals for 2024-25, Finance Minister Nirmala Sitharaman has set aside ₹11 lakh crore for capital expenditure, comprising 3.4% of the GDP. With the aim to push States to spend on infrastructure, she said ₹1.5 lakh crore was being made available to them in the form of long-term interest free loans. Under the Sagarmala …

Nearly 85% of capital expenditure loans to states released in FY24: Finance ministry
5 months, 1 week ago

Nearly 85% of capital expenditure loans to states released in FY24: Finance ministry

Live Mint  

New Delhi: The Union government released about ₹1.10 trillion of the ₹1.3 trillion allocated to states in 2023-24 as interest-free loans towards developing infrastructure and specific reforms, with Uttar Pradesh, Madhya Pradesh, and Bihar cornering a large portion of the funds. Uttar Pradesh received the most funds, ₹19,215.08 crore, while Madhya Pradesh secured ₹12,636.21 crore, Bihar ₹8,814.80 crore, Rajasthan ₹8,513.42 …

India's FY25 Budget Simplifies Capital Gains Tax
5 months, 1 week ago

India's FY25 Budget Simplifies Capital Gains Tax

Deccan Chronicle  

New Delhi: Revenue secretary Sanjay Malhotra on Friday said the rationalisation of the capital gains taxes on various asset classes in the FY25 Budget is a tax simplification measure as sought by the industry and not to augment revenue. “I wanted to know if the industry was in favour of having different tax rates for different asset classes,” Malhotra said …

Budget 2024: With ₹2.65 lakh crore outlay, Railways to prioritise safety
5 months, 2 weeks ago

Budget 2024: With ₹2.65 lakh crore outlay, Railways to prioritise safety

The Hindu  

The Ministry of Railways has received a record allocation of over ₹2.55 lakh crore in financial year 2024-25, which is a jump of 5.85% from the previous year’s ₹2.41 lakh crore, according to Union Budget documents. The total outlay provided for capital expenditure includes ₹2.52 lakh crore from general revenues, ₹200 crore from Nirbhaya Fund, ₹3,000 crore from internal resources …

Budget 2024: A message of fiscal stability, growth continuity
5 months, 2 weeks ago

Budget 2024: A message of fiscal stability, growth continuity

The Hindu  

The FY25 Union Budget has sent out a strong message under the new administration — there remains an unequivocal focus on stability and continuity amidst a new chiselled focus on providing growth a more inclusive character in India. The fiscal deficit, at 5.6% of GDP in FY24, still high compared to pre-COVID-19 pandemic levels, provided the needed growth impetus via …

Budget 2024: Defence gets more at ₹6.22 lakh crore, boost for BRO’s projects
5 months, 2 weeks ago

Budget 2024: Defence gets more at ₹6.22 lakh crore, boost for BRO’s projects

The Hindu  

Union Finance Minister Nirmala Sitharaman allocated ₹6.22 lakh crore for the defence sector in 2024-25 which is almost the same as in the interim Budget presented in February. Follow LIVE updates from the Union Budget 2024 on July 23, 2024 The allocation of ₹6.22 lakh crore for the defence sector is 4.79% higher compared to the Budget Estimates of last …

Budget 2024: Agriculture gets higher allocation; fertilizer, food subsidies slashed, farmers express concern
5 months, 2 weeks ago

Budget 2024: Agriculture gets higher allocation; fertilizer, food subsidies slashed, farmers express concern

The Hindu  

Maintaining that enhancing productivity and resilience in agriculture is her priority, Union Finance Minister Nirmala Sitharaman allocated ₹1.52 lakh crore for farming and allied sectors in the first Budget of the third Narendra Modi government on Tuesday. The total allocation for the Department of Agriculture and Farmers Welfare is ₹1,22,528.77 crore. In the Revised Estimates in 2023-24, the amount was …

Rs 1,248.91 cr for salaries of Union ministers, entertainment of State guests, ex-governors
5 months, 2 weeks ago

Rs 1,248.91 cr for salaries of Union ministers, entertainment of State guests, ex-governors

Deccan Chronicle  

New Delhi: The 2024-25 Union Budget has allocated Rs 1,248.91 for expenses incurred by the Council of Ministers, the Cabinet Secretariat and the Prime Minister's Office, and for hospitality and entertainment of State guests. The Cabinet Secretariat has been allocated Rs 75.24 crore, against Rs 70.28 crore in 2023-24, for meeting the administrative expenses of those of the Chemical Weapons …

India defence budget 2024: ₹6.21 lakh crore allocated; minister Rajnath Singh reacts
5 months, 2 weeks ago

India defence budget 2024: ₹6.21 lakh crore allocated; minister Rajnath Singh reacts

Hindustan Times  

India has set aside ₹6,21,940 crore for defence spending in the Union Budget 2024-25 – up from last year's outlay of ₹5.94 lakh crore – finance minister Nirmala Sitharaman announced as she presented the Union Union Budget 2024 on Tuesday. The total allocation to the defence sector is 12.9 per cent of the total budget of the government of India …

Budget 2024-25 CAPEX: ₹11 lakh crore allocated towards capital expenditure, 3.4% of GDP by FM Nirmala Sitharaman
5 months, 2 weeks ago

Budget 2024-25 CAPEX: ₹11 lakh crore allocated towards capital expenditure, 3.4% of GDP by FM Nirmala Sitharaman

The Hindu  

In her seventh budget presentation, Finance Minister Nirmala Sitharaman announced allocating Rs 11 lakh, 11 thousand and 111 crore towards capital expenditure. She further urged, “We will encourage states to provide support of similar scale for infrastructure development based on their priorities.” The finance minister stated that private investment in infrastructure will be promoted through Viability Gap Funding and a …

Budget 2024: How much defence funding was allocated during the interim budget passed in February?
5 months, 2 weeks ago

Budget 2024: How much defence funding was allocated during the interim budget passed in February?

India TV News  

In a modest hike, the government had in its last interim budget, increased the defence budget to Rs 6.21 lakh crore for 2024-25 from last year's allocation of Rs 5.94 lakh crore and announced an ambitious scheme for "deep-tech" technologies in the military domain. In the interim Union budget presented in Parliament by Finance Minister Nirmala Sitharaman in February, a …

From ₹97,134 Cr in FY14 to ₹3.1 lakh Cr in FY25, gender budget consistently increased: Survey
5 months, 2 weeks ago

From ₹97,134 Cr in FY14 to ₹3.1 lakh Cr in FY25, gender budget consistently increased: Survey

Hindustan Times  

New Delhi, From ₹97,134 crore in Financial Year 2014, the gender budget has consistently increased, reaching ₹3.1 lakh crore in FY 2025, the Economic Survey said on Monday. From ₹ 97,134 Cr in FY14 to ₹ 3.1 lakh Cr in FY25, gender budget consistently increased: Survey This marks a 38.7-per cent rise compared to FY24 and a 218.8-per cent increase …

Union Budget To Prioritise Fiscal Targets, Jobs, And Inflation: Goldman Sachs
6 months ago

Union Budget To Prioritise Fiscal Targets, Jobs, And Inflation: Goldman Sachs

ABP News  

The Union Budget for the fiscal year 2024-25 is likely to prioritise maintaining capex spending levels and adhering strictly to fiscal consolidation goals while maintaining a special focus on job creation, as per Goldman Sachs. In their note published on Monday, they caution against expecting any relaxation in fiscal consolidation measures or a shift towards increased welfare spending at the …

Punjab government misses 2023-24 capex target by 53%
7 months, 2 weeks ago

Punjab government misses 2023-24 capex target by 53%

Hindustan Times  

The Punjab government missed its capital expenditure target by 53% during the financial year 2023-24. Against a capital expenditure of ₹ 10,354 crore proposed in budget estimates, the state government spent only ₹ 4,862 crore during the financial year, leaving a gap of ₹ 5,492 crore, according to the latest data on key economic indicators Against a capital expenditure of …

In A First, Road Ministry's Capex in 2023-24 Crosses Rs 3 Lakh Crore With Highest-Ever Private Investment
8 months, 4 weeks ago

In A First, Road Ministry's Capex in 2023-24 Crosses Rs 3 Lakh Crore With Highest-Ever Private Investment

News 18  

In what may be termed a first in the road ministry’s history, the actual capital expenditure, including that from private investment, in the financial year 2023-24 crossed Rs 3 lakh crore, data accessed by News18 shows. The numbers suggest that in the last financial year, the Ministry of Road Transport and Highways was allocated Rs 2.64 lakh crore, the highest-ever, …

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