Current Affairs - National - Discussion

Discussion Forum : National - Latest Current Affairs (Q.No. 691)

2023-11-29 National

691.

According to Crisil's report, what is the forecasted percentage increase in capital expenditure for India's 18 largest states in FY24?

12-15%

15-18%

16-19%

18-20%

Answer: Option

Explanation:

Crisil's report anticipates a substantial 18-20% increase in capital expenditure for India's 18 largest states in the fiscal year 2023-24, driven by factors such as robust GST collections, stable central government devolution, and significant interest-free loan allocation.