Although below the spending levels of last year, the bulk of capex during the April-October period has been spent by the Ministry of Road Transport and Highways and the Ministry of Railways, with a combined allocation of ₹5.24 trillion in 2024-25 (FY25). Railways has spent 62 per cent, while the road ministry has exhausted 53 per cent of the budgeted capital outlay during the April-October period.
Transfers to states from the Centre are down 20 per cent compared to last year in the April-October FY25 period. Only 32 per cent of the Budget Estimates have been transferred during the April-October period, against 48 per cent in the corresponding period last year.
This story is from the December 05, 2024 edition of Business Standard.
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This story is from the December 05, 2024 edition of Business Standard.
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