Today news
About the same in other media
Capex to rise 29% for 13 states, fiscal deficit to widen in FY24: Icra
Reading now: 881
ICRA.
“The anticipated YoY surge in capex benefits from the prescient support extended by the Government of India (GoI) to the state governments through the increase in the allocation for the Scheme for Special Assistance to States for Capital Investments to Rs. 1.3 lakh crore in FY2024 BE from the Rs.
0.8 lakh crore loans disbursed to them in FY202,” said Aditi Nayar, chief economist, Icra.
The 13 states, namely, Andhra Pradesh, Gujarat, Haryana, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Punja, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh and West Bengal, had set an ambitious target of Rs 6.7 lakh crore for FY24 capex spending.
States have been frontloading their capital spending, given the assistance from the Centre.
About this in other media
UNGA calls for immediate truce between Israel and Hamas in Gaza, India abstains livemint.com /6 months ago
SCO should work together to promote stability and prosperity in the region: Foreign minister S Jaishankar economictimes.indiatimes.com /6 months ago
Indian hotel industry to post double-digit revenue growth, 25-28% operating margin growth in FY24, says ICRA financialexpress.com /6 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
