• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

25 Pc Hike In Centre’s Capex To Spur Growth In Second Half Of 2024-25: Report

OMMCOM NEWS by OMMCOM NEWS
December 1, 2024
in Business
Centre’s Capex

New Delhi: The Central government’s capital expenditure is expected to increase by a robust 25 per cent in the second half of the financial year 204-2025 compared to the same period of the previous year, according to a report by Jefferies.

The report underlined that while populist policies have gained traction in the states, the Centre’s spending priorities show a balanced approach to spur economic growth and create more jobs through an increase in investment in big infrastructure projects.

The report expects total central government expenditure, which includes allocations on social welfare schemes, to rise by around 15 per cent year-on-year in the second half of 2024-25. This shows that the government is keeping up its thrust on big-ticket infrastructure projects to push up the economic growth rate and create more jobs through a higher increase in of 25 per cent in capex (capital expenditure), the report points out.

The report noted that the growing success of handout schemes in state elections, such as Maharashtra’s welfare programme costing Rs 46,000 crore annually (1.1 per cent of the state’s GDP), does raise concerns about a potential wave of populism.

The report states that 14 out of 28 Indian states already have similar schemes, covering approximately 120 million households and costing a combined 0.7-0.8 per cent of India’s GDP.

However, the Central government’s focus remains on creating long-term economic assets through infrastructure development, which is vital for sustained growth, the report adds.

The report also expects the Indian stock market to stabilise after the recent decline.

“There is a reasonable possibility that the Indian stock market is bottoming out after a correction which has been primarily in the more expensive mid-cap stocks,” according to the report.

While foreign investors sold more than $12.5 billion worth of Indian equities in the last two months, a significant amount by domestic investors have absorbed the outflows, it states.

October saw record inflows into equity mutual funds, even as the stock market was undergoing a correction. The report emphasized that the strong domestic inflows are a reassuring factor for India’s markets.

(IANS)

Tags: Central GovernmentIndia
ShareTweetSendSharePinShareSend
Previous Post

Harshit Rana Scalps 4-44 As India Bowl Out Australian Prime Minister’s XI For 240

Next Post

Every Senior AAP Leader Knows About Balyan Extortion Case, Claims Kailash Gahlot

Related Posts

India-UK
Business

India-UK FTA A Lesson For US To Shed Its Transactional Lens And Adopt More Empathetic Posture

August 1, 2025
Tesla
Business

Tesla To Open 1st Charging Station In India Next Week

August 1, 2025
Tuhin Kanta Pandey
Business

SEBI Will Not Spring Surprises On F&O Contract Changes, Says Chairman Tuhin Kanta Pandey

August 1, 2025
India Buys Oil
Business

India Buys Oil Based On Global Market Offerings: MEA

August 1, 2025
Reserve Bank of India
Business

RBI May Keep Rates Unchanged During Aug 6 MPC Meet: Report

August 1, 2025
Indian Stock Markets
Business

Indian Stock Markets End Lower As India-US Trade Deal Stalls

August 1, 2025
Next Post
Kailash Gahlot

Every Senior AAP Leader Knows About Balyan Extortion Case, Claims Kailash Gahlot

Charles Kushner

Trump Taps Father Of Son-In-Law As Ambassador To France

Chandrababu Naidu

Andhra Pradesh’s NDA Government Dissolves Waqf Board

khimji
TPCODL
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.