Centre spends 85% of FY24 capex target at ₹8.05 lakh cr till Feb
The ministry of road transport and highways and railway ministry have done the bulk of the expenditure given the higher allocation made to them.
The ministry of road transport and highways and railway ministry have done the bulk of the expenditure given the higher allocation made to them.
In the interim budget 2024-25, the government has allocated ₹11.11 lakh crore towards capital expenditure, up 11.11% from ₹10 lakh crore allocated in 2023-24.
The allocation is up 11.1% from the budget estimate of ₹10 lakh crore for the current financial year.
The Union Budget had provided a 35.4% increase from ₹5.54 lakh crore in 2021-22 to ₹7.5 lakh crore in 2022-23 in capex allocations early this year.