 "What is Capital Expenditure")
Capital Expenditure
What is Capital Expenditure
The Budget estimate of the government's capital expenditure for the year 2020-21 was Rs 1,084,748 crore. The revised estimates of capital expenditure for the 2019-20 Budget came at Rs 1,059,472 crore, while the actuals for the 2018-19 Budget stood at Rs 915,670 crore.
Read More
Latest Updates on Capital Expenditure
CPSEs meet 25% of FY27 cumulative capital expenditure target in Q1
CPSEs achieved 25% of their FY27 capex target in Q1, with spending rising 26% to ₹2.10 trillion, led by the Railway Board and NHAI
 "CPSEs meet 25% of FY27 cumulative capital expenditure target in Q1")
Tata Steel aims to spend ₹20,000 cr in FY27 on expansion, technology
The capex for the ongoing FY27 will be around 38 per cent higher from ₹14,559 crore that Tata Steel has spent on capital expenditure in the preceding 2025-26 financial year
 "Tata Steel aims to spend ₹20,000 cr in FY27 on expansion, technology")
MEIL to pump in ₹40,000 cr capex in 3 yrs, eyes ₹2 trn topline in 5 yrs
PV Krishna Reddy, Managing Director of MEIL, also said the group is aiming to take some of its subsidiaries to an Initial Public Offering every couple of years
 "MEIL to pump in ₹40,000 cr capex in 3 yrs, eyes ₹2 trn topline in 5 yrs")
JSW Infra completes Rs 7,503 crore QIP, draws strong institutional demand
The qualified institutional placement, combining a primary issue and promoter offer for sale, will help fund JSW Infra's expansion plans and broaden its institutional shareholder base
 "JSW Infra completes Rs 7,503 crore QIP, draws strong institutional demand")
20 states utilised just 5.86% of combined budgeted capex in April-May
Twenty states utilised 5.86 per cent of their FY27 capex budgets in April-May, below the year-ago pace, though spending recovered in May after a sluggish April
 "20 states utilised just 5.86% of combined budgeted capex in April-May")
States should use borrowings for asset creation, not handouts: FM
Sitharaman underscored that taking loans to create public infrastructure yields a positive economic impact and generates employment for the next 50 to 60 years
 "States should use borrowings for asset creation, not handouts: FM")
Odisha plans engineering department overhaul as capex utilisation slows
The state is considering cadre reforms and restructuring engineering wings after manpower shortages hindered utilisation of one of India's largest capital expenditure allocations
 "Odisha plans engineering department overhaul as capex utilisation slows")
Profits are rising across corporate India. Why isn't investment taking off?
Listed companies' net income is nearing 6 per cent of GDP, but a lack of corresponding investment in factories and other productive assets is limiting job creation and widening inequality
 "Profits are rising across corporate India. Why isn't investment taking off?")
States see slower FY27 start, capex utilisation at 1.85% in April
States made a slow start to FY27, with capital expenditure utilisation falling below 2 per cent in April despite higher budgeted infrastructure spending
 "States see slower FY27 start, capex utilisation at 1.85% in April")
Tax rebates: FY26 provisional expenditure, revenue show need for a rethink
The provisional expenditure and revenue numbers for 2025-26 underline the need for reviewing tax rebates
 "Tax rebates: FY26 provisional expenditure, revenue show need for a rethink")
India's FY26 fiscal deficit at 4.4% of GDP, in line with govt estimates
The deficit was at ₹15.19 trillion ($159.91 billion), or 97.5% of the government's revised estimates presented in February
 "India's FY26 fiscal deficit at 4.4% of GDP, in line with govt estimates")
States' capex utilisation dipped to 77% in FY26 despite higher outlay
The state-wise picture also reveals a sharp churn at the top and bottom relative to the last financial year
 "States' capex utilisation dipped to 77% in FY26 despite higher outlay")
Maharashtra will continue to lead in capex, says Devendra Fadnavis
Maharashtra will continue to lead states in infrastructure spending and cut power tariffs by 3 per cent annually till 2030, Chief Minister Devendra Fadnavis said
 "Maharashtra will continue to lead in capex, says Devendra Fadnavis")
Why Indian companies don't want to invest in India despite incentives
Despite tax cuts and reforms, India Inc remains wary of investing at home amid concerns over political unpredictability, policy risks and lack of administrative certainty
 "Why Indian companies don't want to invest in India despite incentives")
Govt to continue with budgeted capex due to global uncertainties: Official
Expenditure Secretary V Vualnam said the upcoming few months, the next quarter and the year ahead would be very difficult to envisage with lots of possible stress points
 "Govt to continue with budgeted capex due to global uncertainties: Official")
Q4 hit but private capital expenditure lifts FY26 investments 32%
While proposed investments from domestic private investors improved 40.7 per cent to ₹34.06 trillion, foreign investors' plans more than doubled, jumping 144.05 per cent to ₹6.91 trillion
 "Q4 hit but private capital expenditure lifts FY26 investments 32%")
State-wise gaps in SASCI fund utilisation widen as scheme expands: SBI
SBI report highlights widening gaps in SASCI fund utilisation across states, with uneven absorption and signs of substitution as the scheme expands in scale and complexity
States' capex growth to slow to 8-10% in FY27 amid fiscal squeeze: Report
The moderation will primarily result from tighter fiscal headroom due to rising revenue expenditure commitments and a moderation in revenue growth, Careedge Ratings said
 "States' capex growth to slow to 8-10% in FY27 amid fiscal squeeze: Report")
States spend just 55% of annual capex target by February: CAG data
Twenty-two states spend just over half of their FY26 capex target by February, lagging behind the Centre, while revenue spending and tax collections show steadier progress
 "States spend just 55% of annual capex target by February: CAG data")
Odisha lags in spending despite record budget, capex remains a concern
Despite a record Rs 3.1 trillion budget, Odisha's spending remains uneven, with subdued capital expenditure and several departments lagging in fund utilisation