States bunch up capex in final months of a fiscal year
- Posted on December 23, 2025
- By Financial Express
- 2 Views
States bunch up capex in final months of a fiscal year
The RBI’s November Bulletin highlights the state government’s back-loaded expenditure pattern, which peaks in February and March due to project execution and clearing pending bills. This surge in spending, especially in capital expenditure, creates liquidity pressures and leads to reliance on short-term borrowing.
