Public capex slips in July: Four key government agencies record 23% y-o-y decline in July; tariffs weigh on private investment
Capital expenditure by major CPSEs and key government bodies saw a 23% year-on-year decline in July, attributed to a high base effect. Despite this, expenditure from April to July increased by 2.5%, driven by a strong June quarter.Capital expenditure by major CPSEs and key government bodies saw a 23% year-on-year decline in July, attributed to a high base effect. Despite this, expenditure from April to July increased by 2.5%, driven by a strong June quarter.
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