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FM Sitharaman asks ministries to surpass capex target set for FY22

FM Sitharaman asks ministries to surpass capex target set for FY22 While reviewing the capital expenditure performance of the ministries and their CPSEs, the Finance Minister emphasised that enhanced CAPEX will play a critical role in revitalising the economy post-pandemic and encouraged the ministries to front-load their capital expenditure, the finance ministry said Finance Minister Nirmala Sitharaman Updated Jun 30, 2021, 9:05 AM IST Finance Minister Nirmala Sitharaman on Tuesday exhorted ministries to aim to achieve more than their capital expenditure (capex) targets for this fiscal, highlighting that enhanced spending will play a critical role in revitalising the economy post-pandemic. During a meeting with senior officials to review the status of implementation of Budget announcements and measures to expedite infrastructure investment, she also urged the ministries and their Central Public Sector Enterprises (CPSEs) to ensure clearance of Micro, Small and Medium Enterpr

FM asks ministries to front-load CAPEX, quickly clear MSME dues

FM asks ministries to front-load CAPEX, quickly clear MSME dues
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