India Eyes Record Capex by Relaxing Spending Limits Amid Slower Economic Growth

Relaxing Spending Limits Amid Slower Economic Growth

The Indian government is considering relaxing quarterly spending limits in an effort to meet its record capital expenditure (capex) target for the fiscal year 2024-2025, amounting to 11.11 trillion rupees. Amid slow economic growth indicators and reduced spending in the first half of the fiscal year, this strategic move aims to stimulate infrastructure growth, boost … Read more