During the mentioned period of 2022-23, the capex spending on housing and urban affairs was Rs 11,000 crore as against Rs 17,000 crore same period last year. The Budgeted capex estimate for entire 2022-23 financial was Rs 27,000 crore.
Capital expenditure spending in India increased by 63.4 per cent in the first eight months of 2022-23, according to the Economic Survey document for 2022-23 which, projected the capex rise as another growth driver of the Indian economy.
The discussion will revolve around Pakistan's plan for taking additional taxation measures to fetch over Rs 200 billion through a presidential ordinance, rationalizing expenditure, and hiking both electricity and gas tariffs for erasing the monster of the circular debt.
In wake of the upcoming Budget 2023, one of the major expectations the healthcare sector has from the Government of India is an increase in expenditure on healthcare infrastructure, experts said.
Addressing an event here in Chennai, Ravi said, "We considered spending on the military as an 'unproductive expenditure'. We thought that everything will happen with peace, but forgot that unless you are strong, no one listens to your word of peace."
The Election Commission has told the Supreme Court that it is seriously concerned about the increasing use of money power in elections and to curb this menace, it has a robust mechanism for expenditure monitoring.
Capital goods companies are expected to benefit from the transition to newer sources of energy and subsequent decarbonization of the economy, besides a pick up in exports and public/private spending.
Before Gati Shakti came into the picture, there was a lack of coordination between different various departments in delivering projects. The lack of coordination not only caused great inconvenience but was also a wasteful expenditure.
Janbhagidari Empowerment, a portal having stock of development works' status being executed in their areas, revealed that 77548 works have been executed with an expenditure of Rs 511137.05 lakh in the Union Territory in the outgoing year.