Tag: india capital expenditure

Government to sustain capex push despite fiscal stress due to global uncertainties: Finance Ministry official

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Government to sustain capex push despite fiscal stress due to global uncertainties: Finance Ministry official

V. Vualnam, Secretary, Department of Expenditure. File | Photo Credit: Bijoy Ghosh The government will proceed with the planned ₹12.22 lakh crore capital expenditure in the current fiscal to maintain the growth momentum despite the fiscal stress arising from the ongoing West Asia conflict, a senior official said on Friday (May 1, 2026). Expenditure Secretary…

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Centre releases ₹1.73 lakh crore towards tax devolution to states

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Centre releases ₹1.73 lakh crore towards tax devolution to states

Union Finance Minister Nirmala Sitharaman | Photo Credit: ANI The Centre on Friday (January 10, 2025) released tax devolution of ₹1.73 lakh crore to the state governments to accelerate capital expenditure and finance welfare activities. “A higher amount is being devolved this month to enable states to accelerate capital spending and finance their development and…

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