Budget 2024: Infra thrust to push railways’ capex by 76% in 5 years; IRCON, NBCC among top picks

Budget 2024: Infra thrust to push railways' capex by 76% in 5 years; IRCON, NBCC among top picks

While unveiling the Interim Budget 2024 on February 1, Sitharaman announced an 11.1 per cent increase in capital expenditure (capex) for fiscal year 2024-25 (FY25), raising the allocation to ₹11.11 lakh crore to develop infrastructure projects. The infra-capex allocation was double the allocation 10 years ago. The key infra sectors including railways, road transport, and … Read more