scorecardresearch
Follow Us:
Friday, June 25, 2021

‘Front-loading’ capex: FM meets ministries, PSUs

Amid fresh calls for demand stimulus, Nirmala Sitharaman also asked public-sector undertakings (PSUs) to do their bit in boosting capex, stressing that enhanced capex will key to revitalising the economy.

By: ENS Economic Bureau | New Delhi |
June 5, 2021 1:09:52 am
Sitharaman directed various ministries to push expenditure on large projects. 

Finance minister Nirmala Sitharaman on Friday impressed on various ministries to “front-load” their capital expenditure to stimulate growth, as she reviewed the progress of key infrastructure projects as well as the pace of capex with top government and PSU officials.

Amid fresh calls for demand stimulus, she also asked public-sector undertakings (PSUs) to do their bit in boosting capex, stressing that enhanced capex will key to revitalising the economy.

Sitharaman directed various ministries to push expenditure on large projects.

📣 The Indian Express is now on Telegram. Click here to join our channel (@indianexpress) and stay updated with the latest headlines

For all the latest Business News, download Indian Express App.

  • The Indian Express website has been rated GREEN for its credibility and trustworthiness by Newsguard, a global service that rates news sources for their journalistic standards.
Advertisement
Advertisement
Advertisement
Advertisement