You are here: Home » Economy & Policy » News
Foreign exchange reserves fall $2.4 bn to over 3-month low of $560 bn
icon-arrow-left
Tea exports to Russia soar 21%, belying war worries; some lost share gained
Business Standard

States' capital budgets: Spending, classification can be variable exercise

Most of the other major states, including Gujarat, Uttar Pradesh, Karnataka, Kerala, Rajasthan, Telangana and Haryana, hew close to either extreme

Topics
States budget | Capex | Budget

Subhomoy Bhattacharjee  |  New Delhi 



cash, currency, notes, funds, investment, shares, growth, profit, loss, tax, money, income, earnings
In West Bengal, of the total projected Rs 2,886 crore the state plans to spend as capital investment for health, almost 40 per cent will be spent on medical education, training and research, clearly a revenue expenditure

States have begun to put serious money in their capital budgets but how much of that money is new and where does the spending go? India Ratings & Research data shows for FY24 nine major state governments plan to spend close to 26 per cent more than what they spent in FY23. As absolute numbers, these are big sums and bear examination.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Fri, March 17 2023. 17:58 IST

RECOMMENDED FOR YOU

.