Twin Budget challenges: Cutting public debt while boosting infrastructure ...Middle East

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Since coming to power in 2014, the NDA has been increasing capital expenditure year on year. Between 2014-15 and 2021-22, it invested Rs 91 lakh crore in infrastructure and social sector schemes. In 2023-24, it earmarked Rs 10 lakh crore in capital expenditure, an increase of 37.4 per cent from the revised estimate of 2022-23. The expenditure includes Rs 24.85 lakh crore on food, fuel and fertiliser subsidies. The annual capital expenditure (capex) allocation for the Ministry of Railways increased from Rs 58,719 crore in 2014-15 to Rs 2,60,200 crore in the 2023-24 Budget Estimates, a 3.3-times rise. Highway construction has grown from 12 km per day before 2014 to 37 km per day cu

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