{"id":457013,"date":"2021-12-18T10:24:03","date_gmt":"2021-12-18T04:54:03","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=457013"},"modified":"2021-12-18T11:28:08","modified_gmt":"2021-12-18T05:58:08","slug":"fm-pulls-up-infra-ministries-for-sluggish-capex-says-public-spending-key-to-recovery","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/fm-pulls-up-infra-ministries-for-sluggish-capex-says-public-spending-key-to-recovery\/","title":{"rendered":"FM pulls up infra ministries for \u2018sluggish\u2019 capex, says public spending key to recovery"},"content":{"rendered":"<p>With pre-budget meetings already underway, Union Finance minister Nirmala Sitharaman has pulled up infrastructure ministries for their \u201csluggish performance\u201d on capital expenditure and asked them to step up productive spending to stimulate the economy.<\/p>\n<p>Admitting that private investments are yet to pick pace, Sitharaman has been keen on front-loading capital spending to aid a fledgling economic recovery. In one such letter dated December 6 to Railway Minister Ashwini Vaishnaw, reviewed by The Indian Express, she wrote, \u201cIt is noted that the capex performance of your ministry till November 2021 was only 61% of the budget target.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With pre-budget meetings already underway, Union Finance minister Nirmala Sitharaman has pulled up infrastructure ministries for their \u201csluggish performance\u201d on capital expenditure and asked them to step up productive spending to stimulate the economy. Admitting that private investments are yet to pick pace, Sitharaman has been keen on front-loading capital spending to aid a fledgling economic recovery. In one such letter dated December 6 to Railway Minister Ashwini Vaishnaw, reviewed by The Indian Express, she wrote, \u201cIt is noted that the capex performance of your ministry till November 2021 was only 61% of the budget target.\u201d<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-457013","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/457013","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=457013"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/457013\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=457013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=457013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=457013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}