Infrastructure
Capex by Road Ministry in August rises nearly 42% MoM
01 Oct 2020
With the government laying emphasis on ramping up capital expenditure to boost a sagging economy, data from the Controller General of Accounts (CAG) show that the Ministry of Road Transport and Highways is progressing on the right track as there has been a nearly 42 percent month-on-month rise in capital expenditure in August.
The ministry spent Rs 32,438.42 crore till August, up from Rs 22,853 crore in July. Last year, the ministry had spent Rs 27,936.26 crore in the same period.