Finance Minister Nirmala Sitharaman discussed capital expenditure plan, emphasizing timely fund utilization and progress on urban transport projects for FY 24-25.

Finance Minister Nirmala Sitharaman reviewed the Ministry of Housing and Urban Affairs' capital expenditure (capex) plan, stressing the importance of timely fund utilization. Central to the discussions was the Pradhan Mantri Awas Yojana (Urban) initiative aimed at affordable housing. For fiscal year 2024-25, Rs 28,628 crore has been allocated for capex. Sitharaman also urged progress on urban transport projects like Metro Rail and the Regional Rapid Transit System (RRTS).

September 20, 2024
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