The share of private capital expenditure (capex) in India's Gross Fixed Capital Formation (GFCF) has dropped to a ten-year low of 33 per cent in FY2024, according to a report by ICRA.
The minister's response provided a comprehensive overview of private capital expenditure (capex), corporate bond issuances, bank credit flows, and gross fixed capital formation (GFCF).
The Ministry of Statistics and Programme Implementation (MOSPI) estimates GDP growth at 8.2 per cent, driven by robust investment demand. Gross Fixed Capital Formation (GFCF) has surged by 9 per cent in FY24, highlighting the investment boom.
New Delhi [India], Mar. 1 (ANI): The State Bank of India (SBI) on Thursday said that the growth in the construction sector which was pointed out in the latest estimates by the Central Statistics Office (CSO), will augur well for job creation.
New Delhi [India], Jan 31 (ANI): The Central Statistics Office (CSO) on Wednesday estimated the Gross Domestic Product (GDP) at Rs. 152.54 lakh crore for 2016-17 as compared to Rs. 137.64 lakh crore in 2015-16.