Capital Expenditure Surges 23.7% in Q1, Infrastructure Spending Rises

Capital spending on major infrastructure projects saw a sharp rise in the first quarter. Capital expenditure grew by 23.7% to reach ₹3,40,258 crore, driven by investments in highways, railways and ports. In the same quarter last year, capex was roughly ₹2.75 lakh crore. The increase underscores the government's focus on accelerating large‑scale development works.