Budget 2023: 33% Capex jump to keep economic engine moving

/ 1 min read

The total Capex outlay in the Union Budget 2023-24 has been enhanced by 33% from ₹7.5 lakh crore to ₹10 lakh crore, which takes it to an all-time high of 3% of GDP.

The total Capex outlay in the Union Budget 2023-24 has been enhanced by 33% from ₹7.5 lakh crore to ₹10 lakh crore, which takes it to an all-time high of 3% of GDP. The Centre expects the private investment to revive to complement the Capex outlay.

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