Punjab's capital expenditure lowest in FY25 at 6.2 pc vs highest of Gujarat at 36.2 pc: NSE
- Posted on October 20, 2024
- By Business News Today
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Punjab's capital expenditure lowest in FY25 at 6.2 pc vs highest of Gujarat at 36.2 pc: NSE
Punjab faces financial challenges in FY25 with the lowest capital-to-revenue expenditure ratio of 6.2%. States are anticipated to moderate capital expenditure growth to 6.5%, down from 39.3%. Non-discretionary costs, including interest payments and pensions, heavily burden states like Punjab, Kerala, and Tamil Nadu.
