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As states table their Budgets, here's how the capex numbers stack up

Capex is not the favourite word in the lexicon of ministers despite the generous flow of resources for building assets

As states table their Budgets, here's how the capex numbers stack up
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Subhomoy Bhattacharjee New Delhi
Plans for hospitals, roads, logistics parks and such have peppered the budget documents of the half a dozen state governments for FY24 but state finance ministers have hardly connected those numbers with job prospects or the oft-repeated 'rahat' (support) for different constituencies. The numbers also do not always add up. 

Capex is not the favourite word in the lexicon of these ministers despite the generous flow of resources (Rs 2.3 trillion) for building assets that the centre has directed at these states from FY23 and promises to keep up in FY24. And where the state is over-committed as in Uttar

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First Published: Feb 28 2023 | 1:32 PM IST

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