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The Centre is prone to increase the FY25 capital expenditure goal for central public sector enterprises (CPSEs) by 12-13%, folks accustomed to the matter mentioned.
In absolute phrases, the capital expenditure of 54 CPSEs and 5 departmental arms of presidency together with Railway Board and Nationwide Highways Authority of India is anticipated at round ₹8.20-8.30 lakh crore for the subsequent fiscal yr, mentioned the folks cited above. The capex goal for CPSEs for FY24 was set at ₹ 7.33 lakh crore, up 13.4% over the revised FY23 goal of ₹6.46 lakh crore. “The capex goal for CPSEs is prone to be up by 12-13% in FY25,” a senior official informed ET.
Newest information from the Division of Public Enterprises confirmed CPSEs have spent ₹5.51 lakh crore as of December 31, which was 75.1% of the mixed capital expenditure goal for FY24. That is greater by 22% for a similar interval final yr.
