Budget share of capital expenditure highest in decade, aims for investments : vimarsana.com

Budget share of capital expenditure highest in decade, aims for investments


The government on Monday allocated a higher share of the budget to capital expenditure than it has for over a decade, aiming to help push investments amid a pandemic slowdown.
Around 15.91 per cent of the budget is for capital expenditure: it was 13.55 per cent last year. The calculations are based on budget estimates. Capital expenditure refers to money spent on the creation of assets for future use like roads and buildings for health facilities. Revenue expenditure includes things like interest payments and salaries that the government pays on an ongoing basis.
The share of the budget devoted to the creation of long-term assets or capital expenditure has been on the decline in recent years. It had touched 19.3 per cent in the budget estimates for the financial year 2004-05 (FY05). This declined to 12.15 per cent in FY20. This was the lowest in ten years. It was 12.11 per cent in FY10. The previous high before this year's number was 18.02 per cent in FY08.

Related Keywords

Sheela Rathi , Ridham Desai , Upasana Chachra , Morgan Stanley India Company , Union Budget , Reserve Bank , Stability Report , Morgan Stanley India , Bani Gambhir , Budget 2021 , Budget Live Updates , Capital Expenditure , Investments , Budget 2021 Speech , Budget 2021 Highlights , Union Budget 2021 , Union Budget 2021 India , Budget 2021 22 India Date , Budget 2021 News , Union Budget 2021 Latest News , ஷீலா ரதி , ரிடம் தேசாய் , உபாசன சக்ரா , மோர்கன் ஸ்டான்லி இந்தியா நிறுவனம் , தொழிற்சங்கம் பட்ஜெட் , இருப்பு வங்கி , ஸ்திரத்தன்மை அறிக்கை , மோர்கன் ஸ்டான்லி இந்தியா , பானி கம்பீற் , பட்ஜெட் வாழ புதுப்பிப்புகள் , மூலதனம் செலவு , முதலீடுகள் , தொழிற்சங்கம் பட்ஜெட் இந்தியா , தொழிற்சங்கம் பட்ஜெட் சமீபத்தியது செய்தி ,

© 2024 Vimarsana