The Indian government has spent less than half the money it had budgeted for capital investments, so far
- In last year’s budget Finance Minister Nirmala Sitharaman had announced ₹5.5 lakh crore ($74 billion) as capital investments.
- As of November 2021, less than half of that has been spent
- However, if it were to step up spending in the last three months to cover some of the slack, it could mean large orders for private companies like Larson & Toubro, Bharat Electronics, ABB and Siemens.
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