India’s Capital Expenditure Sees 23% Growth, Fiscal Deficit Rises 9%
India’s capital expenditure has shown a strong 23% growth in the April-June quarter, but the fiscal deficit has risen 9%. The Centre’s fiscal deficit reached 18.2% of the annual target, with net tax revenue growing 17.8%. Investors and policymakers are closely monitoring the situation, recommending necessary steps to mitigate potential risks.
