The central government under Prime Minister Narendra Modi and the Bharatiya Janata Party (BJP) has delivered more on infrastructure creation than the Congress-led United Progressive Alliance (UPA) government, Finance Minister Nirmala Sitharaman said on Tuesday.
"Share of capital expenditure (capex) in total expenditure dropped sharply under UPA. From 23 per cent in 2003-04, it dropped quickly to an average of 12 per cent from 2005-2014.
Imagine the opportunity cost lost due to @INCIndia (Indian National Congress) not investing adequately in capex," Sitharaman wrote on social media.
She added, "Our government significantly increased the outlay for capex.
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