15-January-2025
Economy News
 
Make up for H1 capex shortfall in Q3, Sitharaman to ministries
04-Sep-2024

Finance Minister Nirmala Sitharaman exhorted central ministries to expedite capital expenditure and make up for the shortfalls in the first and second quarters of the current financial year in the third one itself. In her first review meeting with ministries having significant capex outlays, Sitharaman on Tuesday took stock of the project implementation by the ministry of road transport and highways (MoRTH) and ministry of communication. “Emphasising the meaningful creation of assets for public utility, Sitharaman underlined the importance of setting Quarterly targets and ensuring that they are achieved within a stipulated timeframe,” the finance ministry later said in a statement.

News Source:- https://www.financialexpress.com/policy/economy-make-up-for-h1-capex-shortfall-in-q3-sitharaman-to-ministries-3600777/?ref=hometop_hp