West Bengal's revenue expenditure outpaces capital spending in H1 FY25: Report
- Posted on December 23, 2024
- By Business News Today
- 3 Views
West Bengal's revenue expenditure outpaces capital spending in H1 FY25: Report
West Bengal's fiscal health shows a concerning imbalance, with revenue expenditure outpacing capital investment in the first half of FY25. This trend, mirroring other major Indian states, raises concerns about the state's fiscal challenges despite increased capital spending since 2010-11. The state's fiscal deficit exceeds recommended limits, hindering infrastructure development and long-term growth.