Poging GOUD - Vrij
States' capex likely fell during April-November
Financial Express Lucknow
|December 23, 2024
● Capital spends of 12 states reviewed down 7%; borrowings decline 4%
STATES' CAPITAL EXPENDITURES likely fell by nearly 7% year-on-year in the April-November period of the current financial year while their borrowings dipped by 4%, reflecting the slack during general elections and capacity constraints thereafter.
A review of the finances of a dozen states by FE showed that their capex declined to about ₹2.22 lakh crore, compared with ₹2.38 lakh crore with an annual growth of 44% in the year-ago period.
The states reviewed were Uttar Pradesh, Odisha, Madhya Pradesh, Andhra Pradesh, Karnataka, Tamil Nadu, Haryana, Kerala, Punjab, Rajasthan, Uttarakhand and Assam.
Dit verhaal komt uit de December 23, 2024-editie van Financial Express Lucknow.
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