FM Elucidates Why India Is Ready For A ₹10 Lk Cr Capex

Roads, railways & defence took centre stage in FM’s capex allocation this Budget. But are the sectors ready to absorb the ₹10 lakh cr quantum? Will the implementation of such a capex outlay thereby translate into an on-ground reality? Appetite for capex is rising steadily, says FM Sitharaman. Citing progress in railways and civil aviation emphasizes on the need for infrastructure development following decades of delay. It is not just about absorption, she believes the States have more than the required capacity to implement projects in a time-bound manner.