{
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}
capex target for fy25 may under-shoot but growth remains stable
DEA Secretary Ajay Seth indicated that while there may be some under-shooting of the FY25 capex target of Rs 11.11 lakh crore, it still represents a significant increase from last year"s Rs 9.5 lakh crore. He noted that some sectors are lagging, but others are experiencing increased demand. Seth remains optimistic about the economic growth rate, estimating it at 6.5-7% for FY25, despite challenges with food prices due to climatic issues.
Moneycontrol
Indian Rupee FICCI IND Ajay Seth
Finance & Economy, Market Report
12:30 20.11.2024
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