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States' capex may witness moderate growth in FY25

Financial Express Kochi

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February 06, 2025

Spending by top 16 states down 4% on-year in April-Dec

- PRASANTA SAHU

STATES' CAPITAL EXPENDITURES likely fell 4% year-on-year in the first nine months of the current financial year despite the Centre's acceleration in capex loan to them, indicating that the year is likely to end with a flattish growth in spending on asset creation.

A review of the finances of 16 states by FE showed that their capex in April-December 2024 declined to about ₹3.39 lakh crore, compared with ₹3.52 lakh crore, with an annual growth of 40%, in the year-ago period. The states reviewed were Maharashtra, Uttar Pradesh, Odisha, Madhya Pradesh, Andhra Pradesh, Karnataka, Tamil Nadu, West Bengal, Haryana, Kerala, Jharkhand, Punjab, Rajasthan, Uttarakhand, Telangana and Assam.

Financial Express Kochi

यह कहानी Financial Express Kochi के February 06, 2025 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।

क्या आप पहले से ही ग्राहक हैं?

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