Central Govt Capex shoots up 31 per cent, despite recent moderation
TOne very important aspect of motivation is the willingness to stop and to look at things that no one else has bothered to look at. This simple process of focusing on things that are normally taken for granted is a powerful source of creativity. — Edward de Bono he central government capex moderated for the second month in November; rising 29 per cent, against 47 per cent in October and a high of 67 per cent in September (after a 62 per cent drop in August). Cumulatively government capex was up 31 per cent by the end of November, against 39 per cent till July. Bulk of the growth in capex was in plan account which rose 57 per cent cumulatively, nearly 20 times the 3 per cent rise in non-plan capex. Defence capital outlay, major non-plan expenditure was running 5 per cent higher till November, against 4 per cent decline till September, thanks to 40 per cent shoot up in October and 34 per cent in November.
CENTRAL GOVT EXPENDITURE: APRIL-NOVEMBER (` CRORE)