Capital expenditure on roads and highways is projected to be ₹2.5 lakh crore in the Union Budget for FY24, which is 25% higher than that of the revised estimate for FY23. Capital expenditure in FY23 is up by 80% as compared to the previous fiscal.
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Budget 2023
Budget 2023: Centre's priority to roads, highways continues
Capital expenditure in FY23 is up by 80% as compared to the previous fiscal.
Budget 2023
Budget allocation to energy transition not subsidy; fund to be used for refinery upgrade: FM
The finance minister pointed out that the government has not kept anything secret in the budget.
Defence capex for 'Make in India' fails to enthuse
The Union Budget 2023 proposed a 13% increase in the overall defence budget for FY24 at ₹5.93 lakh crore as compared to ₹5.25 lakh crore in FY23.
Govt unlikely to achieve 4.5% fiscal deficit target by FY26: Moody's
Budget 2023 is credit positive for renewable energy companies, cement and steel producers, oil marketing companies and automakers, says Moody's.
Govt’s increase in Capex to drive investments in infra development: ICRA
In her Budget speech for FY23-24, Finance Minister Nirmala Sitharaman increased the capital investment outlay for 2023-24 by 33% to ₹10 lakh crore, which will be 3.3% of the country’s GDP.
Budget 2023
Budget allocation to energy transition not subsidy; fund to be used for refinery upgrade: FM
The finance minister pointed out that the government has not kept anything secret in the budget.
Defence capex for 'Make in India' fails to enthuse
The Union Budget 2023 proposed a 13% increase in the overall defence budget for FY24 at ₹5.93 lakh crore as compared to ₹5.25 lakh crore in FY23.
Govt unlikely to achieve 4.5% fiscal deficit target by FY26: Moody's
Budget 2023 is credit positive for renewable energy companies, cement and steel producers, oil marketing companies and automakers, says Moody's.
Govt’s increase in Capex to drive investments in infra development: ICRA
In her Budget speech for FY23-24, Finance Minister Nirmala Sitharaman increased the capital investment outlay for 2023-24 by 33% to ₹10 lakh crore, which will be 3.3% of the country’s GDP.