Budget 2024: FAME scheme outlay slashed by 48% to ₹2,671 crore
While the government announced ₹5,172 crore outlay for the FAME scheme last year, it has been revised to ₹4,807 crore for the current fiscal.
While the government announced ₹5,172 crore outlay for the FAME scheme last year, it has been revised to ₹4,807 crore for the current fiscal.
The steep budget allocation for FY24 capex is intended to keep the GDP growth ticking. But has capex succeeded in creating the multiplier effect in the economy?
The capital allocation to the highway ministry for 2023-24 stands at ₹2,58,605 crore.