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The Indian authorities is contemplating a 15-20% hike in capital expenditure within the subsequent monetary 12 months that begins April 1, CNBC-TV18 reported citing sources.
The announcement will likely be made in India’s interim funds to be tabled on Feb. 1, CNBC-TV18 reported.
The Indian authorities has focused capital spending of Rs 10 lakh crore ($120.33 billion) for the monetary 12 months ending March 31, 2024.
