Spending pace rising but too little, too late: Govt capex to undershoot this year by Rs 750 billion, says Elara Capital

The Centre’s fiscal deficit stood at 29.4 per cent of FY25BE in H1FY25 versus 39.3 per cent of BE in H1FY24 amid weaker spending despite healthy revenue receipts. Capital expenditure trajectory, stated a report by Elara Capital, is concerni
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