💨 Abstract

India's capital expenditure target of 11.1 trillion rupees for fiscal year 2024-25 may be undershot by around 5%, according to a top finance ministry official. The slowdown in infrastructure spending is attributed to national elections. The government projects a growth rate of 6.5%-7% for fiscal year 2024-25, with food prices being a concern but inflation not posing a significant challenge.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖