Government plans increased capex in upcoming budget
after close1 source ↓written by the desknot a recommendation
- allocation for railways
- ₹2.7 lakh crore
- this year
- ₹2.5 lakh crore
The Centre is set to increase capital expenditure in the upcoming budget, targeting a ₹2.7 lakh crore allocation for railways, up from ₹2.5 lakh crore this year. This move aims to stimulate economic activity and investment through higher consumption demand. Additionally, investments in canal networks for agriculture are under consideration.
This focus on infrastructure may enhance market sentiment and drive growth in related sectors.
Not investment advice. For informational purposes only.