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Govt capex drags down growth in investment
Business Standard
|November 30, 2024
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A slowdown in government capital expenditure at both central and state levels limited growth in capital investments to 5.4 per cent in the second quarter of FY25, down from 7.5 per cent in the previous quarter, according to data released by the National Statistical Office (NSO) on Friday.
Gross fixed capital formation (GFCF), a key gauge of infrastructure investment, accounted for 30.8 per cent of GDP in the July-September quarter, compared to 31.3 per cent in the April-June period.
An investment share above 30 per cent is widely considered critical for driving economic growth.
यह कहानी Business Standard के November 30, 2024 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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