 "capital expenditure, Finance Ministry, central government, public investments, Indian Railways, infrastructure")
Looking to intensify its public capital expenditure (capex) booster for the economy, the Centre is reviewing the scope for increasing infrastructure spending to support growth, and examining the existing project pipeline to identify areas that can absorb higher capex than currently planned, according to official sources in the know.
“The government will continue the momentum on capex. It is a priority,” said an official. The finance ministry, it is learnt, will initiate parleys with key ministries that can drive capital expenditure or capex, such as the Ministry of Railways and the Ministry of Road Transport and Highways, to assess how
