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'No capex cuts, govt may rejig revenue spend'

The Centre s fiscal deficit in the first four months of FY24 stood at 33.9% of the annual target, sharply higher than 20.5% a year before. Of course, the deficit until July is still way below the five-year average of 69%. Capex jumped nearly 52% between April and July from a year earlier to ₹3.17 lakh crore, higher than the budgeted annual rise of about 36%. ....

New Delhi , Revenue Spend , Revenue Expenditures , Additional Spending , Cut Capex , Annual Target ,

U.P. ramping up capex, eyes 2nd tranche of central loan

The state government will have to spend 75% of the first instalment and 45% ( ₹37,415 crore) of the state’s capital expenditure target of ₹83,144 crore by September 30, 2023 to get the second instalment. ....

Uttar Pradesh , Suresh Khanna , Umesh Raghuvanshi , Special Assistance , Capital Investment , Capital Investment Scheme , 2nd Tranche , Central Loan , Uttar Pradesh Government , Capital Expenditure ,

Siemens India: For the first time, railways are having a strategy and a cohesive implementation plan: Sunil Mathur, Siemens

In the last seven years, they have electrified over 30,000 kilometres of railways, that is not a small number. 32,000 is the size of the entire railway electrification network in Germany. ....

Uttar Pradesh , Vande Bharat , Sunil Mathur , Vande Metro , Offering College , Indian School Of Business , Leadership Excellence , Marketing Officer , Siemens India ,