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States put the foot down on capex; outlays up 17% during FY15-19

The expenditure is concentrated primarily on economic services that accounted for around 70 per cent of the spending

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Jayajit Dash Bhubneswar
Expenses incurred by states on capital projects have risen 17 per cent between FY15 and FY19 from Rs 2.6 trillion to Rs 4.9 trillion.

The expenditure is concentrated primarily on economic services that accounted for around 70 per cent of the spending followed by social services (25 per cent) and general services (five per cent), data from the Centre for Monitoring Indian Economy (CMIE) showed.

Among states, Goa takes the highest share in capital outlay as percentage of total expenditure in FY19 at 25 per cent. Odisha, Uttar Pradesh and Assam were the other key spending states whose capital expenditure