Budget 2018: In first 8 months of FY18, states have gone slow on capex
Stitched by rising consumption
because of homestead advance waivers and Pay Commission continues, state
governments have backed off the pace of capital use in the current money
related year.
An investigation of 17 state
government accounts uncovers that nine states have so far spent just 36 for
every penny of their planned capital consumption in the current monetary year
(April to November), contrasted and 47 for each penny over a similar period the
past budgetary year.
Capex by two different states is imperceptibly
lower than a year ago, while just six states have spent a more noteworthy
extent of their ...
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