government Capex

Budget 2024: Infra thrust to push railways’ capex by 76% in 5 years; IRCON, NBCC among top picks

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Budget 2024: Infra thrust to push railways' capex by 76% in 5 years; IRCON, NBCC among top picks

While unveiling the Interim Budget 2024 on February 1, Sitharaman announced an 11.1 per cent increase in capital expenditure (capex) for fiscal year 2024-25 (FY25), raising the allocation to ₹11.11 lakh crore to develop infrastructure projects. The infra-capex allocation was double the allocation 10 years ago. The key infra sectors including railways, road transport, and … Read more

Budget 2024: Motilal Oswal expects fiscal deficit target may be lowered to 5% for FY25, spending could be hiked

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Budget 2024: Motilal Oswal expects fiscal deficit target may be lowered to 5% for FY25, spending could be hiked

Even though collation politics may make it challenging to pass legislation on the more ambitious parts of the government reform agenda in areas like agriculture, land, labour, and judicial, experts believe that no substantial policy changes could be proposed during the Budget. “We strongly believe (and hope) that there will not be substantial changes in … Read more