FM Nirmala Sitharaman asks India Inc to be prime movers in frontier technologies

On capital expenditure utilisation, the finance minister said the government will monitor it on a regular basis and exuded confidence that states too will utilise the funds for promoting infrastructure development. Compared to the current financial year, the Centre is allocating Rs 1.3 lakh crore to the states in FY'24, which is 30 per cent higher, she noted. Most of the funds being allocated to states are unconditional.

FM Nirmala Sitharaman asks India Inc to be prime movers in frontier technologies
On capital expenditure utilisation, the finance minister said the government will monitor it on a regular basis and exuded confidence that states too will utilise the funds for promoting infrastructure development. Compared to the current financial year, the Centre is allocating Rs 1.3 lakh crore to the states in FY'24, which is 30 per cent higher, she noted. Most of the funds being allocated to states are unconditional.