Government to maintain ₹12.22 lakh crore capex despite fiscal stress
The Centre will continue its ₹12.22 lakh crore capital expenditure plan despite fiscal stress, focusing on infrastructure sectors to drive economic growth and job creation. This commitment may enhance market sentiment in related sectors.
after close1 source ↓written by the desknot a recommendation
- capital expenditure plan
- ₹12.22 lakh crore
The Centre will proceed with its ₹12.22 lakh crore capital expenditure plan for the fiscal year, focusing on growth amid global uncertainties. Senior Finance Ministry official V Vualnam emphasized that while fiscal stress is a reality, capital spending will remain a priority, targeting key infrastructure sectors like highways and railways.
This commitment to capital expenditure is expected to support economic growth and job creation, which could positively influence market sentiment in infrastructure and related sectors. 💼
Not investment advice. For informational purposes only.