18-July-2024
Economy News
 
CPSE investments 20% higher in April-Jan at Rs 6.09 trillion
12-Feb-2024

Large central public-sector entities – companies and undertakings (CPSEs) – achieved 83% of their combined capital expenditure target for FY24 in April-January by spending Rs 6.09 trillion, supporting the public capex-led economic growth revival. On an annual basis, these entities’ capex grew by 20% on year in the first ten months of the current financial year compared with Rs 5.06 trillion in the year-ago period (78% of the FY23 target).

News Source:- https://www.financialexpress.com/policy/economy-cpse-investments-20-higher-in-april-jan-at-rs-6-09-trillion-3390913/