Page 2 - Latest Updates on Capital Expenditure
Centre released ₹36,000 cr to states so far under special assistance scheme
The Centre has disbursed ₹36,027 crore to states and UTs under SASCI till August 11, with Uttar Pradesh receiving the highest share, followed by Bihar, Rajasthan and MP
 "Centre released ₹36,000 cr to states so far under special assistance scheme")
India Inc sees capex, demand surge after Modi's Next-Gen GST overhaul plan
PM Modi's promise of a sweeping GST overhaul aims to lower tax rates, simplify compliance, and modernise the system, spurring growth in sectors like manufacturing, housing, and consumer goods
 "India Inc sees capex, demand surge after Modi's Next-Gen GST overhaul plan")
Govt lines up ₹47,000 crore capex plan to boost BSNL network: DoT
BSNL has spent ₹25,000 crore in the last year for installing 100,000 towers for 4G mobile services
 "Govt lines up ₹47,000 crore capex plan to boost BSNL network: DoT")
Govt capex hits ₹2.75 trn in Q1FY26, but lags pre-election year levels
The net tax revenue of ₹5.4 trillion stood at 19 per cent of the BE in Q1FY26 compared to 21.3 per cent in Q1FY25, registering a contraction of 2 per cent year-on-year (Y-o-Y)
 "Govt capex hits ₹2.75 trn in Q1FY26, but lags pre-election year levels")
Alphabet hikes AI spending to $85 bn, sees strong Q2 sales growth
Alphabet shares rose as much as 4.1% after markets opened in New York on Thursday, their biggest intraday gain in two months
 "Alphabet hikes AI spending to $85 bn, sees strong Q2 sales growth")
FinMin looks to widen infrastructure plans for capital expenditure push
Experts say that, given the higher capital spending by the Centre in April-May of FY26, there is room to raise the capex target beyond the budgeted ₹11.2 trillion
 "FinMin looks to widen infrastructure plans for capital expenditure push")
Manufacturing dominated new projects in Q1, share at 10-quarter high
The government has been driving much of the capital expenditure (capex) in recent years through its announced investments in roads, railways, and other infrastructure projects
 "Manufacturing dominated new projects in Q1, share at 10-quarter high")
Capex rises 54% in Apr-May FY26, RBI dividend lifts revenue: CGA data
Government capex rose 54 per cent in April-May FY26 as RBI dividend boosted non-tax revenue and kept the fiscal deficit at a 28-year low for the two-month period
 "Capex rises 54% in Apr-May FY26, RBI dividend lifts revenue: CGA data")
Falling PSU disinvestment receipts as stark as higher govt capex for them
Disinvestment as a policy was launched in the early 1990s to bolster revenue and use the reduced government stake in PSUs to help enhance their autonomy
 "Falling PSU disinvestment receipts as stark as higher govt capex for them")
Nalco clarifies ₹30,000-cr smelter expansion plan on track, not deferred
Nalco denies media reports suggesting its ₹30,000-crore smelter capex has been deferred due to stalled talks with Rio Tinto; says project and partner discussions are ongoing
 "Nalco clarifies ₹30,000-cr smelter expansion plan on track, not deferred")
Govt has scope to increase capital expenditure this fiscal, says ICRA
Capital expenditure for April 2025 surged by 61 per cent year-on-year to ₹1.6 trillion
 "Govt has scope to increase capital expenditure this fiscal, says ICRA")
Datanomics: Govt betters fiscal deficit target despite lower tax receipts
The credit goes to higher GDP in nominal terms than considered by the Budget
 "Datanomics: Govt betters fiscal deficit target despite lower tax receipts")
Govt outperforms on fiscal deficit, brings it down to 4.77% of GDP in FY25
Capital expenditure for FY 2024-2025 at Rs 10.5 trillion stood at 103.3 per cent of the revised estimate for the year, CGA data showed
 "Govt outperforms on fiscal deficit, brings it down to 4.77% of GDP in FY25")
Firms skipping PLI tend to be more capital-disciplined: Ather Energy CEO
Tarun Mehta also sounded bullish on the domestic EV industry and said that Ather was set to play a major part in the domestic premium e-two-wheeler space
 "Firms skipping PLI tend to be more capital-disciplined: Ather Energy CEO")
EPFO dials BSNL, MTNL to acquire offices, land and buildings for expansion
India's largest retirement fund is ramping up its physical infrastructure to keep pace with its fast-growing membership base
 "EPFO dials BSNL, MTNL to acquire offices, land and buildings for expansion")
Govt's FY25 capital expenditure may surpass RE of Rs 10.18 trillion
To meet the RE would require a 44 per cent year-on-year (Y-o-Y) increase in capex
'Laboured and tortuous': Chidambaram on Sitharaman's explanation on capex
Earlier, Finance Minister Sitharaman said the capital expenditure has not been reduced but has gone up to ₹11.21 trillion for the 2025-26 fiscal, and claims of cuts are misleading
 "'Laboured and tortuous': Chidambaram on Sitharaman's explanation on capex")
India Inc credit quality robust amid profit growth, low capital expenditure
Credit quality outlook positive amid global uncertainties
 "India Inc credit quality robust amid profit growth, low capital expenditure")
Centre's capex spending dropped 35% in February, shows CGA data
Capex spend of Rs 2 trillion needed in March to meet FY25 revised estimate
 "Centre's capex spending dropped 35% in February, shows CGA data")
CPSEs exhaust over 94% of capital expenditure target till February
CPSEs exceeded their full year targets at 100.4 per cent and 108 per cent in FY23 and FY24 respectively
 "CPSEs exhaust over 94% of capital expenditure target till February")