Centre to meet FY25 capex estimates despite slow start

The central government's capital expenditure (capex) for fiscal year 2025 (FY25) is poised to meet—and even modestly exceed—the revised target of ₹10.2 lakh crore, supported by an accelerated deployment of funds in the latter half of the fiscal year, two people familiar with the matter told Mint.

- Rhik Kundu & Subhash Narayan

NEW DELHI:

The strong momentum in second-half spending underscores the government's sustained focus on infrastructure-led growth, even as it navigates fiscal consolidation pressures.

While the final figures are still being tallied, the capex could be between ₹10.2 lakh crore and ₹10.4 lakh crore for FY25, exceeding revised projections, said the first person mentioned above, requesting anonymity.