Government confirms continuation of capital expenditure plans
after close1 source ↓written by the desknot a recommendation
The government reaffirmed its commitment to capital expenditure of ₹12.2 lakh crore, focusing on infrastructure projects like highways and railways. Officials clarified that there are no plans for austerity measures, emphasizing a strategy to spend wisely rather than cut budgets. This decision may boost demand for materials like steel and cement in the near term.
Not investment advice. For informational purposes only.