India’s economy: General govt capex-to-GDP might stay around 5%; lower that FY25 and FY24
India’s general government capital expenditure (capex) is expected to stay close to 5% of GDP in FY26, slightly below 5.1% recorded in FY25 and well under the FY24 peak of 5.4%, according to Emkay Research.The report, cited by ANI showed that for the first five months of this fiscal, public capital expenditure has remained strong….