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34.5 % INCREASE IN CAPITAL EXPENDITURE WITH BE OF 5.54 LAKH CRORE

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..... 34.5 % INCREASE IN CAPITAL EXPENDITURE WITH BE OF 5.54 LAKH CRORE
Budget
Dated:- 1-2-2021

34.5 % INCREASE IN CAPITAL EXPENDITURE WITH BE OF ₹ 5.54 LAKH CRORE MORE THAN ₹ 44, .....

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..... 000 CRORE FOR PROJECTS/PROGRAMMES/DEPARTMENTS SHOWING GOOD PROGRESS MORE THAN ₹ 2 LAKH CRORE FOR STATES AND AUTONOMOUS BODIES FOR CAPITAL EXPENDITURE While presenting the Union Budget 2021-22 .....

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..... in Parliament today the Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman announced a sharp increase in capital expenditure with BE of ₹ 5.54 lakh crore which is 34.5% more .....

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..... than the BE of last financial year (₹ 4.12 lakh crore). The Minister stated that despite the resource crunch it has been Government's effort to spend more on capital and it is expected that the .....

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..... total capital expenditure during 2020-21 will be at around ₹ 4.39 lakh crore. The Minister added that in the Capital Budget a sum of more than ₹ 44,000 crore has been kept in the Budget .....

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..... of Department of Economic Affairs and will be provided for projects/programmes/departments that show good progress on Capital Expenditure and are in need of further funds. The Minister further stated .....

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..... that more than ₹ 2 lakh crore will be provided to States and Autonomous Bodies for their Capital Expenditure. The Government will work out specific mechanisms to nudge the States to spend more .....

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..... of their budget on creation of infrastructure, the Minister added.
News - Press release - PIB .....

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