Finance Minister Nirmala Sitharaman maintains India's FY25 capex outlay at Rs 11.11 lakh crore, a slight increase from 3.2% last year.
Finance Minister Nirmala Sitharaman maintained India's FY25 capex outlay at Rs 11.11 lakh crore, consistent with the allocation made in February's Interim Budget. This figure surpasses the revised estimate of Rs 9.5 lakh crore from the previous year. The government's budgetary capex spending will reach 3.4%, a slight increase from 3.2% last year, and nearly double the expenditure from five years ago.
July 23, 2024
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