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    HomeNewsOpinionBudget 2024: Competing fiscal choices may see capex allocations taper in FY2025

    Budget 2024: Competing fiscal choices may see capex allocations taper in FY2025

    The government is expected to target a fiscal deficit of 5.3% of GDP and fiscal math calculations suggest that realistically, capex growth may need to be limited to 10 percent in FY2025

    Ramnath Krishnan
    January 16, 2024 / 11:52 IST
    While it may be logical to expect the budget to focus on capex, the need for fiscal consolidation may signal a tapering of spends relative to past levels.
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