Union Finance Minister Nirmala Sitharaman.
| Photo Credit: ANI
Capital expenditure by central public sector enterprises touched about 52% of the Budget target at ₹3.79 lakh crore within the first half of present fiscal, the Finance Ministry mentioned on Wednesday.
This is increased than the capex by CPSEs within the April-September interval of final fiscal. In the primary half of earlier fiscal, the determine stood at ₹2.85 lakh crore or 43% of Budget estimates for 2022-23 fiscal.
“Capital Expenditure #CAPEX targets by Central Public Sector Enterprises #CPSEs on track with 51.71% of target achieved till September 2023,” the finance ministry mentioned in a submit on X.
Against estimated expenditure of ₹7.33 lakh crore for full 2023-24, ₹3.79 lakh crore (approx.) achieved i.e. about 51.71% as on thirtieth September, 2023, it mentioned.
The full yr capex by CPSEs was estimated at ₹6.62 lakh crore in 2022-23 fiscal.
