Budget 2024: Govt likely to go slow on CAPEX push this time
Experts say after a huge 33% rise in CAPEX outlay in last year’s budget, this time GoI’s capital spending growth will weaken, though it could still have significant growth
Experts say after a huge 33% rise in CAPEX outlay in last year’s budget, this time GoI’s capital spending growth will weaken, though it could still have significant growth
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.