Economists have recommended increasing government capital expenditure to navigate potential economic challenges, including a possible global slowdown in 2024
The majority of Indian states have increased spending on capital expenditure (capex) in Q1 2021 compared to the previous year, according to an analysis by Bank of Baroda economists. The increased spending has led to market borrowing and looks positive for Indias future growth, the note said.
At the onset of the new financial year, the Chief Secretary of Jammu Kashmir Union Territory has directed each department responsible for carrying and executing the development projects, assets creation by expending the Capital expenditure to aggregate their completion on the monthly basis and the process should start from the first months to the