India's Government Capex Pace Sparks Debate Amidst Fiscal Prudence vs. Growth Priorities
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India's Government Capex Pace Sparks Debate Amidst Fiscal Prudence vs. Growth Priorities

The Indian government has spent Rs 6.58 lakh crore on capital expenditure by November, a 28% year-on-year increase, reaching 58.7% of the Rs 11.21 lakh crore budget estimate. Economists are divided on whether the government will maintain this pace or slow spending significantly in the remaining four months to adhere to the budget. While some anticipate a slight increase in allocation and a controlled contraction, others highlight the trade-off between continued infrastructure momentum and fiscal prudence.

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