Foreign Minister Sitaraman left the capital investment target for the 2024 budget unchanged at 1.111 billion rupees, and the government will spend about 3.5% of the budget on capital investment (3.2% in the previous fiscal year).

Finance Minister Nirmala Sitaraman left India's fiscal year 25 capital investment expenditure unchanged at 1.111 billion rupees in the first federal budget of the 3rd Narendra Modi administration on 7/23. This is 16.9% above last year's revised estimate of 0.95 billion rupees.

The government will spend 3.4% of the budget on capital investments, which is 3.2% the previous year, which is almost double what it was five years ago.

Capital investment growth remained in the double-digit range for 6 of the past 7 years, and there is a high possibility that it will slow from 28.4% in fiscal year 24 and 24.8% the year before last.

Roads and railways account for the largest share of the capital investment pie -- that ratio rose from just over 35% 10 years ago to nearly 50% in FY24.

Due to the advance of loans by the central government last year, state capital investment increased 30% in fiscal year 24.

Capital investment by the government was the target of 12.9%, which was lower than the previous year's 16.8%.

The government spent 0.143 billion rupees during the first two months of this fiscal year.

The loan execution amount surpassed last year's pace, and 22,702 rupees were loaned by the state.