Union Budget: Capital spending for FY25 raised 11 pc to Rs 11.11 lakh cr, says FM Sitharaman

Nirmala Sitharaman in Interim Budget highlights capital spending, shows growth by 11 percent or 3.4 per cent of GDP

PTI

February 01, 2024 / 12:19 IST

Nirmala Sitharaman highlights capital spending in Interim budget.

The country’s capital spending for 2024-25 has been raised 11 per cent to Rs 11.11 lakh crore, or 3.4 per cent of GDP, Finance Minister Nirmala Sitharaman said on Thursday.

She said the tripling of capex in the last four years has resulted in a multiplier effect on economic growth and employment generation.

The minister said the Indian air carriers have placed orders for 1,000 new aircrafts.

PTI

first published: Feb 1, 2024 12:15 pm

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