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Capital outlay of top 18 states to grow 7-9% this fiscal: Crisil Ratings
November 02, 2024
|The Business Guardian
The total capital outlay of India's top 18 states is projected to grow by 7-9 per cent year-on-year to Rs 7.2 lakh crore in the financial year 2024-25, building on a high base from the previous year, according to Crisil Ratings.
In 2023-24, this outlay increased by 27 per cent, reaching Rs 6.7 lakh crore.
The rating agency stated that key segments driving this growth include transport, water supply, and sanitation (including housing and urban development), while irrigation is expected to see modest growth.
These 18 states represent nearly 94 per cent of the overall capital outlays of state governments in India.
هذه القصة من طبعة November 02, 2024 من The Business Guardian.
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