CAPEX CENTRES slows down in February April to February CAPEX 80% of the year -round target


Capital expenditures of the Center in the first 11 months of fiscal came to almost 80% of the year with the rate of expenditure that released in February compared to the previous month.

According to official data published by the CEO of accounts on Friday, the Center RS ​​Center was 8.11 Lakh Crore between April 2024 and February 2025, which was 79.7% of the revised target of RS 10.18 Lakh Crore. He spent almost similar CRS RS 8.05 lakh as capital expenditure in the same period last fiscal.

It is important that capital expenditure in February was only 54,528 CRS RS, which was the lowest since December 2024, when the center spent RS 1.71 lakh crore as Capex. In January, Capex 72 022 Crore.

Analysts point out that this would mean that the center would have trouble meeting its full fiscal goal for Capex this fiscal. RE was reduced back from the original goal of RS 11.1 Lakh Crore due to lower expenditure due to general elections and unusually long monsoon.

Capital expenditures according to key ministries of railways and roads amounted to 91% RE and 90% in the first 11 months of fiscal.

Additi Nayar, Chief Economist and Head – Research & Outreach, ICRA noted that CAPEX in the center must affect approximately 44%in March 2025 in order to touch the revised FY2025 estimate in March 2025. “As a result, we expect modest underlining in CAPEX compared to Rs. 10.2 Lakh Crore according to FY2025 RE.

The fiscal deficit of the centers remained under the control of RS 13.46 Lakh Crore or 85.8% of the year -round goal, with the expectation that it could do better than a revised estimate of 4.8% of GDP for the current fiscal.

Nayar said ICRA expects fiscal deficit to print largely in accordance with the absolute FY2025 RE RS. 15.7 Lakh crore. “Interestingly, the NSO hung nominal GDP on Rs. 331.0 trillion according to its second preliminary estimate (SAE) for FY2025, which is 2.1% higher, the first preliminary estimate (FAE) RS 324.1 trillion, which was used in the Union,” It is within 4.7%, which is within 4025, which is within 4025, which is within 4025, which is within 4.7%, which is within 4025, which is within 4.7%, which is 4.7%, which is 4.7%, which is 4.7%. than 4.8% for fiscal.

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