The Central government's capital expenditure is expected to increase by a robust 25 per cent in the second half of the financial year 204-2025 compared to the same period of the previous year, according to a report by Jefferies.
Initially, the government had an estimate that nearly 2 crore beneficiaries will register for ‘Lakshmir Bhandar' project but so far, the government has received 1.63 crore applications of which 1.52 crore have been approved. Nearly 7 lakh applications have been rejected. The government has spent more than Rs 800 crore on the project and going by the figure the finance department estimates that the state government will have to cough up another Rs 5,600 crore which might, in turn, lead to a staggering figure in a full financial year.
The top-performing government PSU include PowerGrid (increases 90.6% capex), SJVN (90.19%) NTPC (86.5%) and THDC (85.38%), said a senior officer of the Power Ministry here on Thursday.
Mr O’Brien is the publisher of the party mouthpiece Jago Bangla.
The Indian Medical Association (IMA) on Monday urged the government to subsidise the cost of treatment in emergency cases in…
Indian Railways is not looking at more funds in the upcoming Union Budget for 2018-19 as it is focussed on…
India’s April-August fiscal deficit — at Rs 5.25 lakh crore — stood at 96.1 per cent of the full year’s…
The proportion of revenue expenditure in the total expenditure which is budgeted to be 85.6 per cent in the current…
The Finance Ministry has asked other ministries not to breach financial propriety and restrict expenditure to 15 per cent ceiling…
Beijing will spend more than 18 billion yuan ($2 billion) to fight air pollution in 2017, officials said on Saturday.…
