“It stands to reason that if the economy continues to grow at 6.5 percent, even without much capital investment from the private sector, eventually somebody will have to invest to meet this demand”
Even from a capex perspective, the numbers presented are encouraging. At an allocation of ₹11.11 lakh crore for 2024-25, the capital expenditure outlay for 2024-25 is 17% higher than the revised capex estimate of ₹9.5 lakh crore in 2023-24.
While the interim budget has checked all the right boxes, it will be interesting to see to what extent the government can adhere to the plan especially when the full budget is presented post elections