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Interim Budget: Capital expenditure for FY25 raised 11% to Rs 11.11 lakh cr

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Workers at a construction site, ahead of the presentation of the Interim Budget 2024 by Union Finance Minister Nirmala Sitharaman, in Bengaluru

Workers at a construction site, ahead of the presentation of the Interim Budget 2024 by Union Finance Minister Nirmala Sitharaman, in Bengaluru

New Delhi: The country's capital spending for 2024-25 has been raised 11 per cent to Rs 11.11 lakh crore, or 3.4 per cent of GDP, Finance Minister Nirmala Sitharaman said on Thursday.

She said the tripling of capex in the last four years has resulted in a multiplier effect on economic growth and employment generation.

The minister said the Indian air carriers have placed orders for 1,000 new aircrafts.

Nirmala Sitharaman Union Budget Interim Budget CAPEX capital expenditure