Government to Increase Capital Expenditure Outlay for 2024-25 by 111%

111% Increase in Capital Expenditure Outlay

The Union Budget for 2024-25 is expected to increase the capital expenditure outlay by a significant 111%, with a substantial portion dedicated to converting 40,000 normal rail bogies to higher-speed bogies.

Budget to be Presented on July 22

The budget will be presented on July 22 by Finance Minister Nirmala Sitharaman, who is expected to unveil several key initiatives aimed at boosting economic growth.

Focus on Infrastructure Development

The government's focus on infrastructure development is evident in the increased capital expenditure outlay, which is crucial for creating jobs, improving connectivity, and enhancing the overall competitiveness of the economy.

Live Updates on Budget Day

For the latest updates and insights on the 2024-25 Union Budget, stay tuned to live coverage on July 23.