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States' Capital Spending Likely Grew 21% in April
Financial Express Mumbai
|June 18, 2025
STATES' CAPITAL EXPENDITURE likely rose 21% on-year in April compared with a decline of 14% in the year-ago month, despite a moderation in tax collections.
A review of the finances of 17 states by FE showed that their capex in April 2025 rose to ₹22,711 crore compared with ₹18,716 crore in the year-ago month.
The states include Madhya Pradesh, Andhra Pradesh, Uttar Pradesh, Maharashtra, Tamil Nadu, Gujarat, Haryana, Karnataka, Kerala, Odisha, Punjab, Rajasthan, Assam, Chhattisgarh and Jharkhand, among others.
According to the Reserve Bank of India data, all states and UTs in aggregate invested ₹8.2 lakh crore in FY24 (including central assistance) compared with ₹6.7 lakh crore in FY23.
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