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Enhance Capex for economic revival:Sitharaman urges ministries

Finance Minister Nirmala Sithraman emphasized that an enhanced capital expenditure or capex will play a crucial role in economic revival after the COVID-19 pandemic. Ms Sitharaman chaired a virtual meeting on Friday with senior government officials and encouraged the ministries to front-load their capital expenditure.  She said that the budget for the financial year 2021-22 provided a capital outlay of Rs.5.54 lakh crore. This is a sharp 34.5 per cent over the budget estimate of the previous fiscal 2020-21. Ms Sitharaman also asked the ministries to aim to achieve more than their capex targets.

 

 

 


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