Central government capex to surge by 25 pc YoY in second half of FY25: Jefferies
The report also noted that the overall expenditure of the government is also expected to surge by 15 per cent. It highlights that despite an increase in populist schemes in the run-up to elections, the central government remains committed to investing in infrastructure development over welfare-driven measures.
The report underlined that while populist policies have gained traction, especially in state elections, the central government's spending priorities show a balanced approach.
It said «Jefferies' India office expects total central government expenditure to rise by around 15% YoY in 2HFY25 ending 31 March 2025 with capex rising by over 25 per cent YoY… Still the rise of such populist policies should be seen in the context of a central government which is still spending more on capex than welfare».
The report noted that the growing success of handout schemes in state elections, such as Maharashtra's welfare programme costing Rs 460 billion annually (1.1 per cent of the state's GDP), does raise concerns about a potential wave of populism.
Finance
Startup Fundraising: Essential Tactics for Securing Capital
By — Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By — Metla Sudha Sekhar, IT Specialist and Developer
Astrology
Vastu Shastra Course
By — Sachenkumar Rai, Vastu Shashtri
Web Development
Advanced Java Mastery: Object-Oriented Programming Techniques
By — Metla Sudha Sekhar, IT Specialist and Developer
L
