CPSEs Increase Reliance on Budgetary Capex Support

Concerns have been raised within sections of the government about the shift in investment pattern of central public sector enterprises (CPSEs) away from their own resources and private capital to higher budgetary support for undertaking capital expenditure.

- AANCHAL MAGAZINE

It is learnt that two departments of the government have flagged concerns about the substitution of Internal and Extra Budgetary Resources (IEBR) of CPSEs, which fund their capex, with an increasing reliance on higher budgetary outlay in the form of equity and loans from the government in key infrastructure sectors, especially telecom, railways, and road and transport sector.