11% increase on a higher base of Rs 10 lakh crore is not a small capex rise, reflects Finance Minister Nirmala Sitharaman in her post-Budget interview with Sanjay Pugalia. #FMToNDTV #Budget2024
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TVTranscript
00:00 There is no reduction in the allocation for capital expenditure.
00:05 When you see a 30% increase from the low base,
00:11 you think that 11% increase is not big.
00:14 But it is happening from a higher base.
00:17 After giving 10 lakh crores for capital expenditure,
00:22 you think that increasing it by 11% is not like 30%.
00:27 But it has reached 11 lakh crores.
00:31 Agreed.
00:32 And in this,
00:33 whatever capital expenditure you put in,
00:38 we should also keep in mind the absorption capacity.
00:44 [Music]