Finance Ministry to do away with plan, non-plan classification by FY'18
With a view to improve expenditure management, Finance Ministry is contemplating doing away with the distinction between 'plan and non-plan' expenditure by 2017-18 and replacing it with 'capital and revenue' spending.
Dec 08, 2015, 20:43 PM IST
Capital spending in India to take 12 more months to recover: S&P
"We expect capital spending in India will continue to fall in fiscal 2016 despite its economy being one of the few bright spots in Asia-Pacific," it said.
Mar 29, 2015, 16:38 PM IST
Spending cut may not adversely impact growth: Goldman Sachs
Experts have for long been arguing about a possible re-allocation of resources for capital spending rather than current spending, to boost the growth.
Aug 06, 2014, 22:12 PM IST
Global infrastructure, capital spending to hit $9 trillion by 2025: PwC study
The growth will be driven by China, which overtook the United States as the top spender on capital and infrastructure in 2009, Pricewaterhouse said.
Jun 23, 2014, 11:29 AM IST
