Finance Minister Nirmala Sitharaman announced a 16.9 per cent increase (against revised estimates) in infrastructure spending to Rs 11.11 trillion for the financial year 2024-25 (FY25) in the Interim Budget on Thursday. This is 11.1 per cent higher than the Budget estimates for FY24, as the Centre is expected to fall short of its FY24 […]
Day: February 2, 2024
Budget 2024: Govt to keep spending on border roads after 30% overrun
India’s government will maintain increased funding to build roads near its China border after spending 30% more on them this fiscal year than planned, it said on Thursday, citing tension between the two nuclear-armed neighbours. The countries have been in a military standoff since July 2020 when at least 24 Indian and Chinese troops were […]