Centre sustains capex push in Q1 despite global trade disruptions, geopolitical uncertainty
New Delhi, Aug. 5 -- The Centre maintained a strong pace of capital expenditure in the first quarter of FY27, underscoring its strategy of using public investment to sustain economic growth even as heightened global trade disruptions and geopolitical uncertainties clouded the investment climate.
The government's capex was Rs.3.4 trillion during April-June, accounting for about 28% of the budgeted expenditure of Rs.12.22 trillion for the current fiscal, data released by the finance ministry on Wednesday showed. The continued focus on asset creation comes as policymakers rely on infrastructure spending to support economic activity.
The monthly review of government accounts showed that the Centre's total expenditure stood at Rs.13.57 trill...
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