CPSE Capex set to exceed the target for fourth year in a row
Public sector companies and government bodies have spent nearly their entire capital expenditure target for this fiscal year. Spending reached Rs 7.39 lakh crore by February, nearing the Rs 7.47 lakh crore goal. This strong investment momentum is set to exceed targets for the fourth year. This public spending is crucial for driving India's economic growth amidst global uncertainties.