Centre plans big capex push to ensure meeting Rs 11.1 lakh crore target

The Centre is planning a significant capex push in the remaining months of the fiscal year to meet its target of Rs 11.1 lakh crore, reviewing capital spending by ministries and considering measures like relaxing spending caps. With only 37% of the Budget Estimates spent in the first six months, efforts are being made to ensure capex continues, with railways and highways already exceeding 50% of their targets. A decision may be made to review quarterly expenditure caps, potentially relaxing restrictions to prevent last-minute expenditure bunching.

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