Govt capex boosts GDP growth by 3.4 pc from 1.6 pc over last 10 years: Moody's

New Delhi [India], August 27 (ANI): Over the last ten years, the government has escalated its capital spending on infrastructure from Rs 1.97 trillion (1.6 per cent of GDP) in FY2014-15 to Rs 11.1 trillion (3.4 per cent of GDP) in FY2024-25, according to Moody's.

This leap reflects a broader strategy to enhance physical and digital infrastructure, supporting an average annual GDP growth rate of 6 per cent and encouraging