{"id":598441,"date":"2023-08-19T09:57:30","date_gmt":"2023-08-19T04:27:30","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=598441"},"modified":"2023-08-19T10:56:58","modified_gmt":"2023-08-19T05:26:58","slug":"infra-sector-sees-highest-capex-rbi-paper","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/infra-sector-sees-highest-capex-rbi-paper\/","title":{"rendered":"Infra sector sees highest capex: RBI paper"},"content":{"rendered":"<p>NEW DELHI: The total cost of projects sanctioned by banks and financial institutions during 2022-23 increased to a record high of Rs 2,66,547 crore, highlighting the effect of the government&#8217;s efforts to push capital expenditure. <\/p>\n<p>A Reserve Bank of India (RBI) paper showed that the infrastructure sector continued to attract the maximum capex projects, led by roads, bridges and power sectors. <\/p>\n<p>&#8220;The government&#8217;s thrust on capex, besides various policy initiatives to revive the investment cycle, and improved economic outlook provided a conducive environment for private corporates to undertake fresh capital investment,&#8221; according to the paper. State-wise distribution showed that the top five states &#8211; Uttar Pradesh, Gujarat, Odisha, Maharashtra and Karnataka &#8211; together accounted for 57.2% share in total project cost during 2022-23,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: The total cost of projects sanctioned by banks and financial institutions during 2022-23 increased to a record high of Rs 2,66,547 crore, highlighting the effect of the government&#8217;s efforts to push capital expenditure. A Reserve Bank of India (RBI) paper showed that the infrastructure sector continued to attract the maximum capex projects, led by roads, bridges and power sectors. &#8220;The government&#8217;s thrust on capex, besides various policy initiatives to revive the investment cycle, and improved economic outlook provided a conducive environment for private corporates to undertake fresh capital investment,&#8221; according to the paper. State-wise distribution showed that the [&hellip;]<\/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":[130,221,137],"tags":[],"class_list":["post-598441","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-roads-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/598441","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=598441"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/598441\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=598441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=598441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=598441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}