Centre will increase capex for economic growth in Budget 2024-25
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The Indian government is gearing up to focus on boosting capital expenditure (capex) in the 2024-25 Budget. This will be done particularly in the infrastructure sector, to stimulate economic growth. The government's capex push has ignited a stagnant economic cycle, leading to over 7% growth in the past three years, which is the highest among major global economies.