FY23 capital outlay plan for CPSEs projected to dip 1.21% year-on-year

Govt to shift part of CPSEs debt to itself as it infuses more equity

Even as the emphasis of the Budget 2022-23 is on capex-led growth, the capital outlay plan of central public sector enterprises (CPSEs) remains subdued for the year. The outlay of all CPSEs in 2022-23 is projected to decline 1.21 per cent to Rs 8.31 trillion year-on-year.

This is despite the fact that the current financial year is projected to witness a decline of 1.3 per cent at Rs 8.40 trillion in this capital outlay over that in pre-covid period of 2019-20. However, compared to the previous year the outlay is projected to witness a rise of 23 per cent.

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