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Budget 24-25: Rs 11.11111 trillion allocated for capital expenditure
To encourage the states to provide support of similar scale for infrastructure, the Finance Minister Smt Nirmala Sitharaman announced a provision of Rs 1.5 trillion for long-term interest free loans this year. Read more
CPSE Capital Expenditure hits 52% of budget target in H1 FY 2023-24
As of September 30, 2023, the achieved expenditure is approximately 51.71% of the estimated full-year expenditure of Rs 7.33 lakh crore for the fiscal year 2023-24.Read more
Jaya Varma Sinha becomes Indian Railways' first female Chairperson & CEO
Prior to her appointment's clearance by the Appointments Committee of the Cabinet, Jaya Varma served as a Member of Operations and Business Development on the Board, overseeing the comprehensive transportation of both freight and passenger services.Read more
Proper asset management lowers capital expenditure
In this interaction with Rakesh Rao, Dr Ana Khanlari, Chemicals Industry Marketing Director, Aspen Technology Inc, explains the importance of proper asset management for chemical and other process industriesRead more
Budget 2022 - Govt increases capex by 35% to Rs 7.50 trn in 2022-23
In defence sector, 68% of the capital procurement budget will be earmarked for domestic industry in 2022-23, up from 58% in 2021-22. Defence R&D will be opened up for industry, start-ups and academia with 25% of defence R&D budget earmarked.Read more
FM increases capex by 34.5% in Budget 2021-22 to Rs 5.54 trillion
In addition, more than Rs 2 trillion will be provided to states and autonomous bodies for their capital expenditure during the year. Indian Railways to spend Rs 1.07 trillion for capital expenditure in 2021-22.Read more
NTPC targets 268 BU power generation for the Year 2018-19
NTPC, India’s largest power generating company is aiming at generating 268 billion units (BU) of electricity during the fiscal year 2018-19, under a Memorandum of Understanding (MoU) signed between NTPC and Ministry of Power today in New Delhi.Read more