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Wednesday, Sep 25, 2024

Govt plans survey of lagging private capex

The ‘forward looking’ survey will look at all kinds of capital spending by the private sector for the last three years and also put out estimates for the next two years for first time, counting fixed assets by type
Private sector investment has grown at a slower pace, outstripped by government fixed capital formation (GFCF), a measure of public spending on assets and infrastructure, although there are signs of a pick-up. (Representational image)
Private sector investment has grown at a slower pace, outstripped by government fixed capital formation (GFCF), a measure of public spending on assets and infrastructure, although there are signs of a pick-up. (Representational image)

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