Punjab's capital expenditure lowest in FY25 at 6.2 pc vs highest of Gujarat at 36.2 pc: NSE

Punjab faces financial challenges in FY25 with the lowest capital-to-revenue expenditure ratio of 6.2%. States are anticipated to moderate capital expenditure growth to 6.5%, down from 39.3%. Non-discretionary costs, including interest payments and pensions, heavily burden states like Punjab, Kerala, and Tamil Nadu.