Cen­tral Govt Capex shoots up 31 per cent, de­spite re­cent mod­er­a­tion

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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.


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