Union Budget: Capital spending for FY25 raised 11 pc to Rs 11.11 lakh cr.
Thu, Feb 1, 2024 12:38 PM

Union Budget: Capital spending for FY25 raised 11 pc to Rs 11.11 lakh cr.

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Indian government plans to increase capital spending by 11% for 2024-25, amounting to Rs 11.11 lakh crore or 3.4% of GDP. This has resulted in a boost to economic growth and job creation due to three-fold increase in capital expenditure in the last four years. Additionally, Indian airlines have placed orders for 1,000 new aircraft.

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