Centre to take foot off capex pedal after FY25 budget

[Bilgin]

Centre to take foot off capex pedal after FY25 budget The Union government may boost capex allocation by 25% to a record ₹12.5 trillion in 2024-25, Mint reported in November. However, the Centre is also keen to bring the fiscal deficit below the targeted 4.5% by 2025-26.