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Budget 2024-25: Centre to Spend Rs 11.11 Lakh Crore Towards Capex

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Capex under Budget 2024-25.

Capex under Budget 2024-25.

The government will provide Rs 11.11 lakh crore towards capex for 202425, Finance Minister Nirmala Sitharaman said on Tuesday.

The government will provide Rs 11.11 lakh crore towards capex for 2024-25, Finance Minister Nirmala Sitharaman said on Tuesday. Presenting Union Budget for FY25, she stated that the government is aiming to maintain strong fiscal support for infrastructure projects for the next five years.

Sitharaman also noted that the government will facilitate investment grade energy audit of micro and small industries in 60 clusters.

Besides, the government will take up setting up of power projects, including a 2,400 MW power plant at Pirpainti in Bihar at a cost of Rs 21,400 crore.

Stay informed with our comprehensive coverage of Union Budget 2024. Get the latest on new income tax slab rates for AY 2024-25 in Income Tax Slabs Budget 2024 LIVE Updates . Track the impact of Budget 2024 on the stock market in Stock Market Budget Day 2024 LIVE Updates. Watch Union Budget LIVE Streaming here

(This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI)
first published:July 23, 2024, 12:09 IST
last updated:July 23, 2024, 12:09 IST