The Capex Conundrum
Expenditure on public capital asset formation in the three preceding financial years is almost 71% over and above funds worth ₹13.28 lakh crore spent by the Centre between FY18 and FY22.
capex spend
July 2024
January 2023
June 2022
April 2021
Budget 2023: Need tax sops on consumption, infra investment: PHDCCI
On infrastructure, PHDCCI suggests that there is a need to take the capital investment in the economy to 10% of the GDP.
Infrastructure sector key driver for Indian economy: Sarbananda Sonowal
Infrastructure development and upgrade will play a better role in realising the vision of India becoming a $5 trillion economy by 2025, Sonowal said.
FY21: A bumper fiscal for the bourses
The Covid-19 pandemic failed to affect the bulls’ spirits, as benchmark indices saw absolute annual gains between 75.2% and 117.2% while FPIs pumped in a record ₹2.74 lakh crore into equities.
