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State’s capital expenditure 2023-24
November 13 , 2023
378 days
558
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- Tamil Nadu’s capital expenditure (capex) increased by nearly 31.7% to ₹17,773.80 crore in the first half of fiscal 2023-24.
- This was Rs.13,499.24 crore in the same period last year.
- The capex of these States grew in the range of 31.7% to 190.3% in the first half of 2023-24 from the previous year.
- Uttar Pradesh, Madhya Pradesh, Telangana, Gujarat and Tamil Nadu accounted for over half of the aggregate capex of ₹2.62 lakh crore incurred by 23 States.
- Madhya Pradesh, Telangana and Tamil Nadu have been able to meet over 40% of their budgeted capex target for fiscal 2024.
- However, Uttar Pradesh and Gujarat were able to meet only under 30%, which indicates that they might fall short of their target.
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