Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;What you lose on the wings, you gain on the roundabouts.&amp;nbsp;&lt;/em&gt;&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;With no other major growth investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government&amp;rsquo;s growth strategy in Budget 2022.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;Stressing that &amp;ldquo;the virtuous cycle of investment requires public investment to crowd-in private investment&amp;rdquo; she took high moral ground to say that the &amp;ldquo;public investment must continue to take the lead and pump-prime the private investment and demand in 2022-23&amp;rdquo;.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;To walk the talk, the finance minister stepped up the outlay for capital expenditure in the central government budget sharply by 35.4% &amp;ndash; from Rs 5.54 lakh crore in 2021-22 to Rs 7.50 lakh crore in 2022-23.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;She exuded pride in further declaring that the capex outlay in 2022-23 would be as high as 2.9% of GDP and, if the provision made for the creation of capital assets through central grants-in-aid to states is taken into account, the &amp;lsquo;effective capital expenditure&amp;rsquo; of the Union government would rise as high as Rs 10.68 lakh crore in 2022-23, amounting to 4.1% of GDP.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;What is the total capital expenditure in Budget 2022-23?&lt;/em&gt;&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;First, it is important to understand that the larger central public sector comprises two big groups &amp;ndash; one, the Union government with its ministries and departments and two, central public sector enterprises and entities.&lt;/p&gt;

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&lt;p style=&quot;text-align:justify&quot;&gt;Please &lt;a href=&quot;https://thewire.in/economy/nirmala-sitharaman-capex-boost-budget-2022&quot;&gt;click here&lt;/a&gt; to read more.&amp;nbsp;&lt;/p&gt;
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What you lose on the wings, you gain on the roundabouts.&amp;nbsp;

With no other major growth investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government&amp;rsquo;s growth strategy in Budget 2022.

Stressing that...&#039;,
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&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;What you lose on the wings, you gain on the roundabouts.&amp;nbsp;&lt;/em&gt;&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;With no other major growth investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government&amp;rsquo;s growth strategy in Budget 2022.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;Stressing that &amp;ldquo;the virtuous cycle of investment requires public investment to crowd-in private investment&amp;rdquo; she took high moral ground to say that the &amp;ldquo;public investment must continue to take the lead and pump-prime the private investment and demand in 2022-23&amp;rdquo;.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;To walk the talk, the finance minister stepped up the outlay for capital expenditure in the central government budget sharply by 35.4% &amp;ndash; from Rs 5.54 lakh crore in 2021-22 to Rs 7.50 lakh crore in 2022-23.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;She exuded pride in further declaring that the capex outlay in 2022-23 would be as high as 2.9% of GDP and, if the provision made for the creation of capital assets through central grants-in-aid to states is taken into account, the &amp;lsquo;effective capital expenditure&amp;rsquo; of the Union government would rise as high as Rs 10.68 lakh crore in 2022-23, amounting to 4.1% of GDP.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;What is the total capital expenditure in Budget 2022-23?&lt;/em&gt;&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;First, it is important to understand that the larger central public sector comprises two big groups &amp;ndash; one, the Union government with its ministries and departments and two, central public sector enterprises and entities.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;Central government&amp;rsquo;s capital expenditure (let us call this CGCE) is incurred through a provision in its budget, which includes budgetary support in the form of equity and loans to public sector enterprises (PSEs).&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;PSEs raise their own capital resources from the market as well. Their own resources are classified as internal and extra-budgetary resources (IEBR).&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;The CGCE and IEBR together make up the total Union government and public sector capital expenditure (total central capex).&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;The Union government&amp;rsquo;s loans to the state governments also count as the CGCE, even though actual capital expenditure is made by the state governments. Such loans are not real central government capex.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;The total Central government and public sector capital expenditure is disclosed in &lt;a href=&quot;/upload/files/Expenditure%20profile%202022-23.pdf&quot;&gt;Statement 1 of the Expenditure Profile&lt;/a&gt; placed in parliament as part of the budget documents.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;Please &lt;a href=&quot;https://thewire.in/economy/nirmala-sitharaman-capex-boost-budget-2022&quot;&gt;click here&lt;/a&gt; to read more.&amp;nbsp;&lt;/p&gt;
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What you lose on the wings, you gain on the roundabouts.&amp;nbsp;

With no other major growth investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government&amp;rsquo;s growth strategy in Budget 2022.

Stressing that...&#039;
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What you lose on the wings, you gain on the roundabouts.&nbsp;

With no other major growth investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government&rsquo;s growth strategy in Budget 2022.

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                <strong>How Nameplate Changes, Sleight of Hand Helped the FM Assemble Budget 2022’s ‘Big Capex Boost’ -Subhash Chandra Garg</strong></h1>
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                <p style="text-align:justify">-TheWire.in</p><p style="text-align:justify"><em>What you lose on the wings, you gain on the roundabouts.&nbsp;</em></p><p style="text-align:justify">With no other major growth investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government&rsquo;s growth strategy in Budget 2022.</p><p style="text-align:justify">Stressing that &ldquo;the virtuous cycle of investment requires public investment to crowd-in private investment&rdquo; she took high moral ground to say that the &ldquo;public investment must continue to take the lead and pump-prime the private investment and demand in 2022-23&rdquo;.</p><p style="text-align:justify">To walk the talk, the finance minister stepped up the outlay for capital expenditure in the central government budget sharply by 35.4% &ndash; from Rs 5.54 lakh crore in 2021-22 to Rs 7.50 lakh crore in 2022-23.</p><p style="text-align:justify">She exuded pride in further declaring that the capex outlay in 2022-23 would be as high as 2.9% of GDP and, if the provision made for the creation of capital assets through central grants-in-aid to states is taken into account, the &lsquo;effective capital expenditure&rsquo; of the Union government would rise as high as Rs 10.68 lakh crore in 2022-23, amounting to 4.1% of GDP.</p><p style="text-align:justify"><em>What is the total capital expenditure in Budget 2022-23?</em></p><p style="text-align:justify">First, it is important to understand that the larger central public sector comprises two big groups &ndash; one, the Union government with its ministries and departments and two, central public sector enterprises and entities.</p><p style="text-align:justify">Central government&rsquo;s capital expenditure (let us call this CGCE) is incurred through a provision in its budget, which includes budgetary support in the form of equity and loans to public sector enterprises (PSEs).</p><p style="text-align:justify">PSEs raise their own capital resources from the market as well. Their own resources are classified as internal and extra-budgetary resources (IEBR).</p><p style="text-align:justify">The CGCE and IEBR together make up the total Union government and public sector capital expenditure (total central capex).</p><p style="text-align:justify">The Union government&rsquo;s loans to the state governments also count as the CGCE, even though actual capital expenditure is made by the state governments. Such loans are not real central government capex.</p><p style="text-align:justify">The total Central government and public sector capital expenditure is disclosed in <a href="/upload/files/Expenditure%20profile%202022-23.pdf" title="/upload/files/Expenditure%20profile%202022-23.pdf">Statement 1 of the Expenditure Profile</a> placed in parliament as part of the budget documents.</p><p style="text-align:justify">Please <a href="https://thewire.in/economy/nirmala-sitharaman-capex-boost-budget-2022" title="https://thewire.in/economy/nirmala-sitharaman-capex-boost-budget-2022">click here</a> to read more.&nbsp;</p>               </font>
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&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;What you lose on the wings, you gain on the roundabouts.&amp;nbsp;&lt;/em&gt;&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;With no other major growth investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government&amp;rsquo;s growth strategy in Budget 2022.&lt;/p&gt;

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&lt;p style=&quot;text-align:justify&quot;&gt;To walk the talk, the finance minister stepped up the outlay for capital expenditure in the central government budget sharply by 35.4% &amp;ndash; from Rs 5.54 lakh crore in 2021-22 to Rs 7.50 lakh crore in 2022-23.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;She exuded pride in further declaring that the capex outlay in 2022-23 would be as high as 2.9% of GDP and, if the provision made for the creation of capital assets through central grants-in-aid to states is taken into account, the &amp;lsquo;effective capital expenditure&amp;rsquo; of the Union government would rise as high as Rs 10.68 lakh crore in 2022-23, amounting to 4.1% of GDP.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;What is the total capital expenditure in Budget 2022-23?&lt;/em&gt;&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;First, it is important to understand that the larger central public sector comprises two big groups &amp;ndash; one, the Union government with its ministries and departments and two, central public sector enterprises and entities.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;Central government&amp;rsquo;s capital expenditure (let us call this CGCE) is incurred through a provision in its budget, which includes budgetary support in the form of equity and loans to public sector enterprises (PSEs).&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;PSEs raise their own capital resources from the market as well. Their own resources are classified as internal and extra-budgetary resources (IEBR).&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;The CGCE and IEBR together make up the total Union government and public sector capital expenditure (total central capex).&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;The Union government&amp;rsquo;s loans to the state governments also count as the CGCE, even though actual capital expenditure is made by the state governments. Such loans are not real central government capex.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;The total Central government and public sector capital expenditure is disclosed in &lt;a href=&quot;/upload/files/Expenditure%20profile%202022-23.pdf&quot;&gt;Statement 1 of the Expenditure Profile&lt;/a&gt; placed in parliament as part of the budget documents.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;Please &lt;a href=&quot;https://thewire.in/economy/nirmala-sitharaman-capex-boost-budget-2022&quot;&gt;click here&lt;/a&gt; to read more.&amp;nbsp;&lt;/p&gt;
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What you lose on the wings, you gain on the roundabouts.&amp;nbsp;

With no other major growth investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government&amp;rsquo;s growth strategy in Budget 2022.

Stressing that...&#039;,
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&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;What you lose on the wings, you gain on the roundabouts.&amp;nbsp;&lt;/em&gt;&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;With no other major growth investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government&amp;rsquo;s growth strategy in Budget 2022.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;Stressing that &amp;ldquo;the virtuous cycle of investment requires public investment to crowd-in private investment&amp;rdquo; she took high moral ground to say that the &amp;ldquo;public investment must continue to take the lead and pump-prime the private investment and demand in 2022-23&amp;rdquo;.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;To walk the talk, the finance minister stepped up the outlay for capital expenditure in the central government budget sharply by 35.4% &amp;ndash; from Rs 5.54 lakh crore in 2021-22 to Rs 7.50 lakh crore in 2022-23.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;She exuded pride in further declaring that the capex outlay in 2022-23 would be as high as 2.9% of GDP and, if the provision made for the creation of capital assets through central grants-in-aid to states is taken into account, the &amp;lsquo;effective capital expenditure&amp;rsquo; of the Union government would rise as high as Rs 10.68 lakh crore in 2022-23, amounting to 4.1% of GDP.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;What is the total capital expenditure in Budget 2022-23?&lt;/em&gt;&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;First, it is important to understand that the larger central public sector comprises two big groups &amp;ndash; one, the Union government with its ministries and departments and two, central public sector enterprises and entities.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;Central government&amp;rsquo;s capital expenditure (let us call this CGCE) is incurred through a provision in its budget, which includes budgetary support in the form of equity and loans to public sector enterprises (PSEs).&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;PSEs raise their own capital resources from the market as well. Their own resources are classified as internal and extra-budgetary resources (IEBR).&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;The CGCE and IEBR together make up the total Union government and public sector capital expenditure (total central capex).&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;The Union government&amp;rsquo;s loans to the state governments also count as the CGCE, even though actual capital expenditure is made by the state governments. Such loans are not real central government capex.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;The total Central government and public sector capital expenditure is disclosed in &lt;a href=&quot;/upload/files/Expenditure%20profile%202022-23.pdf&quot;&gt;Statement 1 of the Expenditure Profile&lt;/a&gt; placed in parliament as part of the budget documents.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;Please &lt;a href=&quot;https://thewire.in/economy/nirmala-sitharaman-capex-boost-budget-2022&quot;&gt;click here&lt;/a&gt; to read more.&amp;nbsp;&lt;/p&gt;
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What you lose on the wings, you gain on the roundabouts.&amp;nbsp;

With no other major growth investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government&amp;rsquo;s growth strategy in Budget 2022.

Stressing that...&#039;
$disp = &#039;&lt;p style=&quot;text-align:justify&quot;&gt;-TheWire.in&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;What you lose on the wings, you gain on the roundabouts.&amp;nbsp;&lt;/em&gt;&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;With no other major growth investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government&amp;rsquo;s growth strategy in Budget 2022.&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;Stressing that &amp;ldquo;the virtuous cycle of investment requires public investment to crowd-in private investment&amp;rdquo; she took high moral ground to say that the &amp;ldquo;public investment must continue to take the lead and pump-prime the private investment and demand in 2022-23&amp;rdquo;.&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;To walk the talk, the finance minister stepped up the outlay for capital expenditure in the central government budget sharply by 35.4% &amp;ndash; from Rs 5.54 lakh crore in 2021-22 to Rs 7.50 lakh crore in 2022-23.&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;She exuded pride in further declaring that the capex outlay in 2022-23 would be as high as 2.9% of GDP and, if the provision made for the creation of capital assets through central grants-in-aid to states is taken into account, the &amp;lsquo;effective capital expenditure&amp;rsquo; of the Union government would rise as high as Rs 10.68 lakh crore in 2022-23, amounting to 4.1% of GDP.&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;What is the total capital expenditure in Budget 2022-23?&lt;/em&gt;&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;First, it is important to understand that the larger central public sector comprises two big groups &amp;ndash; one, the Union government with its ministries and departments and two, central public sector enterprises and entities.&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;Central government&amp;rsquo;s capital expenditure (let us call this CGCE) is incurred through a provision in its budget, which includes budgetary support in the form of equity and loans to public sector enterprises (PSEs).&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;PSEs raise their own capital resources from the market as well. Their own resources are classified as internal and extra-budgetary resources (IEBR).&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;The CGCE and IEBR together make up the total Union government and public sector capital expenditure (total central capex).&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;The Union government&amp;rsquo;s loans to the state governments also count as the CGCE, even though actual capital expenditure is made by the state governments. Such loans are not real central government capex.&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;The total Central government and public sector capital expenditure is disclosed in &lt;a href=&quot;/upload/files/Expenditure%20profile%202022-23.pdf&quot; title=&quot;/upload/files/Expenditure%20profile%202022-23.pdf&quot;&gt;Statement 1 of the Expenditure Profile&lt;/a&gt; placed in parliament as part of the budget documents.&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;Please &lt;a href=&quot;https://thewire.in/economy/nirmala-sitharaman-capex-boost-budget-2022&quot; title=&quot;https://thewire.in/economy/nirmala-sitharaman-capex-boost-budget-2022&quot;&gt;click here&lt;/a&gt; to read more.&amp;nbsp;&lt;/p&gt;&#039;
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What you lose on the wings, you gain on the roundabouts.&nbsp;

With no other major growth investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government&rsquo;s growth strategy in Budget 2022.

Stressing that..."/>
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                <strong>How Nameplate Changes, Sleight of Hand Helped the FM Assemble Budget 2022’s ‘Big Capex Boost’ -Subhash Chandra Garg</strong></h1>
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                <p style="text-align:justify">-TheWire.in</p><p style="text-align:justify"><em>What you lose on the wings, you gain on the roundabouts.&nbsp;</em></p><p style="text-align:justify">With no other major growth investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government&rsquo;s growth strategy in Budget 2022.</p><p style="text-align:justify">Stressing that &ldquo;the virtuous cycle of investment requires public investment to crowd-in private investment&rdquo; she took high moral ground to say that the &ldquo;public investment must continue to take the lead and pump-prime the private investment and demand in 2022-23&rdquo;.</p><p style="text-align:justify">To walk the talk, the finance minister stepped up the outlay for capital expenditure in the central government budget sharply by 35.4% &ndash; from Rs 5.54 lakh crore in 2021-22 to Rs 7.50 lakh crore in 2022-23.</p><p style="text-align:justify">She exuded pride in further declaring that the capex outlay in 2022-23 would be as high as 2.9% of GDP and, if the provision made for the creation of capital assets through central grants-in-aid to states is taken into account, the &lsquo;effective capital expenditure&rsquo; of the Union government would rise as high as Rs 10.68 lakh crore in 2022-23, amounting to 4.1% of GDP.</p><p style="text-align:justify"><em>What is the total capital expenditure in Budget 2022-23?</em></p><p style="text-align:justify">First, it is important to understand that the larger central public sector comprises two big groups &ndash; one, the Union government with its ministries and departments and two, central public sector enterprises and entities.</p><p style="text-align:justify">Central government&rsquo;s capital expenditure (let us call this CGCE) is incurred through a provision in its budget, which includes budgetary support in the form of equity and loans to public sector enterprises (PSEs).</p><p style="text-align:justify">PSEs raise their own capital resources from the market as well. Their own resources are classified as internal and extra-budgetary resources (IEBR).</p><p style="text-align:justify">The CGCE and IEBR together make up the total Union government and public sector capital expenditure (total central capex).</p><p style="text-align:justify">The Union government&rsquo;s loans to the state governments also count as the CGCE, even though actual capital expenditure is made by the state governments. Such loans are not real central government capex.</p><p style="text-align:justify">The total Central government and public sector capital expenditure is disclosed in <a href="/upload/files/Expenditure%20profile%202022-23.pdf" title="/upload/files/Expenditure%20profile%202022-23.pdf">Statement 1 of the Expenditure Profile</a> placed in parliament as part of the budget documents.</p><p style="text-align:justify">Please <a href="https://thewire.in/economy/nirmala-sitharaman-capex-boost-budget-2022" title="https://thewire.in/economy/nirmala-sitharaman-capex-boost-budget-2022">click here</a> to read more.&nbsp;</p>               </font>
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		&#039;title&#039; =&gt; &#039;How Nameplate Changes, Sleight of Hand Helped the FM Assemble Budget 2022’s ‘Big Capex Boost’ -Subhash Chandra Garg&#039;,
		&#039;subheading&#039; =&gt; null,
		&#039;description&#039; =&gt; &#039;&lt;p style=&quot;text-align:justify&quot;&gt;-TheWire.in&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;What you lose on the wings, you gain on the roundabouts.&amp;nbsp;&lt;/em&gt;&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;With no other major growth investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government&amp;rsquo;s growth strategy in Budget 2022.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;Stressing that &amp;ldquo;the virtuous cycle of investment requires public investment to crowd-in private investment&amp;rdquo; she took high moral ground to say that the &amp;ldquo;public investment must continue to take the lead and pump-prime the private investment and demand in 2022-23&amp;rdquo;.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;To walk the talk, the finance minister stepped up the outlay for capital expenditure in the central government budget sharply by 35.4% &amp;ndash; from Rs 5.54 lakh crore in 2021-22 to Rs 7.50 lakh crore in 2022-23.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;She exuded pride in further declaring that the capex outlay in 2022-23 would be as high as 2.9% of GDP and, if the provision made for the creation of capital assets through central grants-in-aid to states is taken into account, the &amp;lsquo;effective capital expenditure&amp;rsquo; of the Union government would rise as high as Rs 10.68 lakh crore in 2022-23, amounting to 4.1% of GDP.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;What is the total capital expenditure in Budget 2022-23?&lt;/em&gt;&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;First, it is important to understand that the larger central public sector comprises two big groups &amp;ndash; one, the Union government with its ministries and departments and two, central public sector enterprises and entities.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;Central government&amp;rsquo;s capital expenditure (let us call this CGCE) is incurred through a provision in its budget, which includes budgetary support in the form of equity and loans to public sector enterprises (PSEs).&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;PSEs raise their own capital resources from the market as well. Their own resources are classified as internal and extra-budgetary resources (IEBR).&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;The CGCE and IEBR together make up the total Union government and public sector capital expenditure (total central capex).&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;The Union government&amp;rsquo;s loans to the state governments also count as the CGCE, even though actual capital expenditure is made by the state governments. Such loans are not real central government capex.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;The total Central government and public sector capital expenditure is disclosed in &lt;a href=&quot;/upload/files/Expenditure%20profile%202022-23.pdf&quot;&gt;Statement 1 of the Expenditure Profile&lt;/a&gt; placed in parliament as part of the budget documents.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;Please &lt;a href=&quot;https://thewire.in/economy/nirmala-sitharaman-capex-boost-budget-2022&quot;&gt;click here&lt;/a&gt; to read more.&amp;nbsp;&lt;/p&gt;
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What you lose on the wings, you gain on the roundabouts.&amp;nbsp;

With no other major growth investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government&amp;rsquo;s growth strategy in Budget 2022.

Stressing that...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;p style=&quot;text-align:justify&quot;&gt;-TheWire.in&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;What you lose on the wings, you gain on the roundabouts.&amp;nbsp;&lt;/em&gt;&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;With no other major growth investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government&amp;rsquo;s growth strategy in Budget 2022.&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;Stressing that &amp;ldquo;the virtuous cycle of investment requires public investment to crowd-in private investment&amp;rdquo; she took high moral ground to say that the &amp;ldquo;public investment must continue to take the lead and pump-prime the private investment and demand in 2022-23&amp;rdquo;.&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;To walk the talk, the finance minister stepped up the outlay for capital expenditure in the central government budget sharply by 35.4% &amp;ndash; from Rs 5.54 lakh crore in 2021-22 to Rs 7.50 lakh crore in 2022-23.&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;She exuded pride in further declaring that the capex outlay in 2022-23 would be as high as 2.9% of GDP and, if the provision made for the creation of capital assets through central grants-in-aid to states is taken into account, the &amp;lsquo;effective capital expenditure&amp;rsquo; of the Union government would rise as high as Rs 10.68 lakh crore in 2022-23, amounting to 4.1% of GDP.&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;What is the total capital expenditure in Budget 2022-23?&lt;/em&gt;&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;First, it is important to understand that the larger central public sector comprises two big groups &amp;ndash; one, the Union government with its ministries and departments and two, central public sector enterprises and entities.&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;Central government&amp;rsquo;s capital expenditure (let us call this CGCE) is incurred through a provision in its budget, which includes budgetary support in the form of equity and loans to public sector enterprises (PSEs).&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;PSEs raise their own capital resources from the market as well. Their own resources are classified as internal and extra-budgetary resources (IEBR).&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;The CGCE and IEBR together make up the total Union government and public sector capital expenditure (total central capex).&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;The Union government&amp;rsquo;s loans to the state governments also count as the CGCE, even though actual capital expenditure is made by the state governments. Such loans are not real central government capex.&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;The total Central government and public sector capital expenditure is disclosed in &lt;a href=&quot;/upload/files/Expenditure%20profile%202022-23.pdf&quot; title=&quot;/upload/files/Expenditure%20profile%202022-23.pdf&quot;&gt;Statement 1 of the Expenditure Profile&lt;/a&gt; placed in parliament as part of the budget documents.&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;Please &lt;a href=&quot;https://thewire.in/economy/nirmala-sitharaman-capex-boost-budget-2022&quot; title=&quot;https://thewire.in/economy/nirmala-sitharaman-capex-boost-budget-2022&quot;&gt;click here&lt;/a&gt; to read more.&amp;nbsp;&lt;/p&gt;&#039;,
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	&#039;title&#039; =&gt; &#039;How Nameplate Changes, Sleight of Hand Helped the FM Assemble Budget 2022’s ‘Big Capex Boost’ -Subhash Chandra Garg&#039;,
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&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;What you lose on the wings, you gain on the roundabouts.&amp;nbsp;&lt;/em&gt;&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;With no other major growth investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government&amp;rsquo;s growth strategy in Budget 2022.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;Stressing that &amp;ldquo;the virtuous cycle of investment requires public investment to crowd-in private investment&amp;rdquo; she took high moral ground to say that the &amp;ldquo;public investment must continue to take the lead and pump-prime the private investment and demand in 2022-23&amp;rdquo;.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;To walk the talk, the finance minister stepped up the outlay for capital expenditure in the central government budget sharply by 35.4% &amp;ndash; from Rs 5.54 lakh crore in 2021-22 to Rs 7.50 lakh crore in 2022-23.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;She exuded pride in further declaring that the capex outlay in 2022-23 would be as high as 2.9% of GDP and, if the provision made for the creation of capital assets through central grants-in-aid to states is taken into account, the &amp;lsquo;effective capital expenditure&amp;rsquo; of the Union government would rise as high as Rs 10.68 lakh crore in 2022-23, amounting to 4.1% of GDP.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;What is the total capital expenditure in Budget 2022-23?&lt;/em&gt;&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;First, it is important to understand that the larger central public sector comprises two big groups &amp;ndash; one, the Union government with its ministries and departments and two, central public sector enterprises and entities.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;Central government&amp;rsquo;s capital expenditure (let us call this CGCE) is incurred through a provision in its budget, which includes budgetary support in the form of equity and loans to public sector enterprises (PSEs).&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;PSEs raise their own capital resources from the market as well. Their own resources are classified as internal and extra-budgetary resources (IEBR).&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;The CGCE and IEBR together make up the total Union government and public sector capital expenditure (total central capex).&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;The Union government&amp;rsquo;s loans to the state governments also count as the CGCE, even though actual capital expenditure is made by the state governments. Such loans are not real central government capex.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;The total Central government and public sector capital expenditure is disclosed in &lt;a href=&quot;/upload/files/Expenditure%20profile%202022-23.pdf&quot;&gt;Statement 1 of the Expenditure Profile&lt;/a&gt; placed in parliament as part of the budget documents.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;Please &lt;a href=&quot;https://thewire.in/economy/nirmala-sitharaman-capex-boost-budget-2022&quot;&gt;click here&lt;/a&gt; to read more.&amp;nbsp;&lt;/p&gt;
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What you lose on the wings, you gain on the roundabouts.&amp;nbsp;

With no other major growth investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government&amp;rsquo;s growth strategy in Budget 2022.

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What you lose on the wings, you gain on the roundabouts.&nbsp;

With no other major growth investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government&rsquo;s growth strategy in Budget 2022.

Stressing that..."/>
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                <strong>How Nameplate Changes, Sleight of Hand Helped the FM Assemble Budget 2022’s ‘Big Capex Boost’ -Subhash Chandra Garg</strong></h1>
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                <p style="text-align:justify">-TheWire.in</p><p style="text-align:justify"><em>What you lose on the wings, you gain on the roundabouts.&nbsp;</em></p><p style="text-align:justify">With no other major growth investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government&rsquo;s growth strategy in Budget 2022.</p><p style="text-align:justify">Stressing that &ldquo;the virtuous cycle of investment requires public investment to crowd-in private investment&rdquo; she took high moral ground to say that the &ldquo;public investment must continue to take the lead and pump-prime the private investment and demand in 2022-23&rdquo;.</p><p style="text-align:justify">To walk the talk, the finance minister stepped up the outlay for capital expenditure in the central government budget sharply by 35.4% &ndash; from Rs 5.54 lakh crore in 2021-22 to Rs 7.50 lakh crore in 2022-23.</p><p style="text-align:justify">She exuded pride in further declaring that the capex outlay in 2022-23 would be as high as 2.9% of GDP and, if the provision made for the creation of capital assets through central grants-in-aid to states is taken into account, the &lsquo;effective capital expenditure&rsquo; of the Union government would rise as high as Rs 10.68 lakh crore in 2022-23, amounting to 4.1% of GDP.</p><p style="text-align:justify"><em>What is the total capital expenditure in Budget 2022-23?</em></p><p style="text-align:justify">First, it is important to understand that the larger central public sector comprises two big groups &ndash; one, the Union government with its ministries and departments and two, central public sector enterprises and entities.</p><p style="text-align:justify">Central government&rsquo;s capital expenditure (let us call this CGCE) is incurred through a provision in its budget, which includes budgetary support in the form of equity and loans to public sector enterprises (PSEs).</p><p style="text-align:justify">PSEs raise their own capital resources from the market as well. Their own resources are classified as internal and extra-budgetary resources (IEBR).</p><p style="text-align:justify">The CGCE and IEBR together make up the total Union government and public sector capital expenditure (total central capex).</p><p style="text-align:justify">The Union government&rsquo;s loans to the state governments also count as the CGCE, even though actual capital expenditure is made by the state governments. Such loans are not real central government capex.</p><p style="text-align:justify">The total Central government and public sector capital expenditure is disclosed in <a href="/upload/files/Expenditure%20profile%202022-23.pdf" title="/upload/files/Expenditure%20profile%202022-23.pdf">Statement 1 of the Expenditure Profile</a> placed in parliament as part of the budget documents.</p><p style="text-align:justify">Please <a href="https://thewire.in/economy/nirmala-sitharaman-capex-boost-budget-2022" title="https://thewire.in/economy/nirmala-sitharaman-capex-boost-budget-2022">click here</a> to read more.&nbsp;</p>               </font>
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		'title' => 'How Nameplate Changes, Sleight of Hand Helped the FM Assemble Budget 2022’s ‘Big Capex Boost’ -Subhash Chandra Garg',
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		'description' => '<p style="text-align:justify">-TheWire.in</p>

<p style="text-align:justify"><em>What you lose on the wings, you gain on the roundabouts.&nbsp;</em></p>

<p style="text-align:justify">With no other major growth investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government&rsquo;s growth strategy in Budget 2022.</p>

<p style="text-align:justify">Stressing that &ldquo;the virtuous cycle of investment requires public investment to crowd-in private investment&rdquo; she took high moral ground to say that the &ldquo;public investment must continue to take the lead and pump-prime the private investment and demand in 2022-23&rdquo;.</p>

<p style="text-align:justify">To walk the talk, the finance minister stepped up the outlay for capital expenditure in the central government budget sharply by 35.4% &ndash; from Rs 5.54 lakh crore in 2021-22 to Rs 7.50 lakh crore in 2022-23.</p>

<p style="text-align:justify">She exuded pride in further declaring that the capex outlay in 2022-23 would be as high as 2.9% of GDP and, if the provision made for the creation of capital assets through central grants-in-aid to states is taken into account, the &lsquo;effective capital expenditure&rsquo; of the Union government would rise as high as Rs 10.68 lakh crore in 2022-23, amounting to 4.1% of GDP.</p>

<p style="text-align:justify"><em>What is the total capital expenditure in Budget 2022-23?</em></p>

<p style="text-align:justify">First, it is important to understand that the larger central public sector comprises two big groups &ndash; one, the Union government with its ministries and departments and two, central public sector enterprises and entities.</p>

<p style="text-align:justify">Central government&rsquo;s capital expenditure (let us call this CGCE) is incurred through a provision in its budget, which includes budgetary support in the form of equity and loans to public sector enterprises (PSEs).</p>

<p style="text-align:justify">PSEs raise their own capital resources from the market as well. Their own resources are classified as internal and extra-budgetary resources (IEBR).</p>

<p style="text-align:justify">The CGCE and IEBR together make up the total Union government and public sector capital expenditure (total central capex).</p>

<p style="text-align:justify">The Union government&rsquo;s loans to the state governments also count as the CGCE, even though actual capital expenditure is made by the state governments. Such loans are not real central government capex.</p>

<p style="text-align:justify">The total Central government and public sector capital expenditure is disclosed in <a href="/upload/files/Expenditure%20profile%202022-23.pdf">Statement 1 of the Expenditure Profile</a> placed in parliament as part of the budget documents.</p>

<p style="text-align:justify">Please <a href="https://thewire.in/economy/nirmala-sitharaman-capex-boost-budget-2022">click here</a> to read more.&nbsp;</p>
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What you lose on the wings, you gain on the roundabouts.&nbsp;

With no other major growth investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government&rsquo;s growth strategy in Budget 2022.

Stressing that...',
	'disp' => '<p style="text-align:justify">-TheWire.in</p><p style="text-align:justify"><em>What you lose on the wings, you gain on the roundabouts.&nbsp;</em></p><p style="text-align:justify">With no other major growth investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government&rsquo;s growth strategy in Budget 2022.</p><p style="text-align:justify">Stressing that &ldquo;the virtuous cycle of investment requires public investment to crowd-in private investment&rdquo; she took high moral ground to say that the &ldquo;public investment must continue to take the lead and pump-prime the private investment and demand in 2022-23&rdquo;.</p><p style="text-align:justify">To walk the talk, the finance minister stepped up the outlay for capital expenditure in the central government budget sharply by 35.4% &ndash; from Rs 5.54 lakh crore in 2021-22 to Rs 7.50 lakh crore in 2022-23.</p><p style="text-align:justify">She exuded pride in further declaring that the capex outlay in 2022-23 would be as high as 2.9% of GDP and, if the provision made for the creation of capital assets through central grants-in-aid to states is taken into account, the &lsquo;effective capital expenditure&rsquo; of the Union government would rise as high as Rs 10.68 lakh crore in 2022-23, amounting to 4.1% of GDP.</p><p style="text-align:justify"><em>What is the total capital expenditure in Budget 2022-23?</em></p><p style="text-align:justify">First, it is important to understand that the larger central public sector comprises two big groups &ndash; one, the Union government with its ministries and departments and two, central public sector enterprises and entities.</p><p style="text-align:justify">Central government&rsquo;s capital expenditure (let us call this CGCE) is incurred through a provision in its budget, which includes budgetary support in the form of equity and loans to public sector enterprises (PSEs).</p><p style="text-align:justify">PSEs raise their own capital resources from the market as well. Their own resources are classified as internal and extra-budgetary resources (IEBR).</p><p style="text-align:justify">The CGCE and IEBR together make up the total Union government and public sector capital expenditure (total central capex).</p><p style="text-align:justify">The Union government&rsquo;s loans to the state governments also count as the CGCE, even though actual capital expenditure is made by the state governments. Such loans are not real central government capex.</p><p style="text-align:justify">The total Central government and public sector capital expenditure is disclosed in <a href="/upload/files/Expenditure%20profile%202022-23.pdf" title="/upload/files/Expenditure%20profile%202022-23.pdf">Statement 1 of the Expenditure Profile</a> placed in parliament as part of the budget documents.</p><p style="text-align:justify">Please <a href="https://thewire.in/economy/nirmala-sitharaman-capex-boost-budget-2022" title="https://thewire.in/economy/nirmala-sitharaman-capex-boost-budget-2022">click here</a> to read more.&nbsp;</p>',
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	'description' => '<p style="text-align:justify">-TheWire.in</p>

<p style="text-align:justify"><em>What you lose on the wings, you gain on the roundabouts.&nbsp;</em></p>

<p style="text-align:justify">With no other major growth investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government&rsquo;s growth strategy in Budget 2022.</p>

<p style="text-align:justify">Stressing that &ldquo;the virtuous cycle of investment requires public investment to crowd-in private investment&rdquo; she took high moral ground to say that the &ldquo;public investment must continue to take the lead and pump-prime the private investment and demand in 2022-23&rdquo;.</p>

<p style="text-align:justify">To walk the talk, the finance minister stepped up the outlay for capital expenditure in the central government budget sharply by 35.4% &ndash; from Rs 5.54 lakh crore in 2021-22 to Rs 7.50 lakh crore in 2022-23.</p>

<p style="text-align:justify">She exuded pride in further declaring that the capex outlay in 2022-23 would be as high as 2.9% of GDP and, if the provision made for the creation of capital assets through central grants-in-aid to states is taken into account, the &lsquo;effective capital expenditure&rsquo; of the Union government would rise as high as Rs 10.68 lakh crore in 2022-23, amounting to 4.1% of GDP.</p>

<p style="text-align:justify"><em>What is the total capital expenditure in Budget 2022-23?</em></p>

<p style="text-align:justify">First, it is important to understand that the larger central public sector comprises two big groups &ndash; one, the Union government with its ministries and departments and two, central public sector enterprises and entities.</p>

<p style="text-align:justify">Central government&rsquo;s capital expenditure (let us call this CGCE) is incurred through a provision in its budget, which includes budgetary support in the form of equity and loans to public sector enterprises (PSEs).</p>

<p style="text-align:justify">PSEs raise their own capital resources from the market as well. Their own resources are classified as internal and extra-budgetary resources (IEBR).</p>

<p style="text-align:justify">The CGCE and IEBR together make up the total Union government and public sector capital expenditure (total central capex).</p>

<p style="text-align:justify">The Union government&rsquo;s loans to the state governments also count as the CGCE, even though actual capital expenditure is made by the state governments. Such loans are not real central government capex.</p>

<p style="text-align:justify">The total Central government and public sector capital expenditure is disclosed in <a href="/upload/files/Expenditure%20profile%202022-23.pdf">Statement 1 of the Expenditure Profile</a> placed in parliament as part of the budget documents.</p>

<p style="text-align:justify">Please <a href="https://thewire.in/economy/nirmala-sitharaman-capex-boost-budget-2022">click here</a> to read more.&nbsp;</p>
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What you lose on the wings, you gain on the roundabouts.&nbsp;

With no other major growth investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government&rsquo;s growth strategy in Budget 2022.

Stressing that...'
$disp = '<p style="text-align:justify">-TheWire.in</p><p style="text-align:justify"><em>What you lose on the wings, you gain on the roundabouts.&nbsp;</em></p><p style="text-align:justify">With no other major growth investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government&rsquo;s growth strategy in Budget 2022.</p><p style="text-align:justify">Stressing that &ldquo;the virtuous cycle of investment requires public investment to crowd-in private investment&rdquo; she took high moral ground to say that the &ldquo;public investment must continue to take the lead and pump-prime the private investment and demand in 2022-23&rdquo;.</p><p style="text-align:justify">To walk the talk, the finance minister stepped up the outlay for capital expenditure in the central government budget sharply by 35.4% &ndash; from Rs 5.54 lakh crore in 2021-22 to Rs 7.50 lakh crore in 2022-23.</p><p style="text-align:justify">She exuded pride in further declaring that the capex outlay in 2022-23 would be as high as 2.9% of GDP and, if the provision made for the creation of capital assets through central grants-in-aid to states is taken into account, the &lsquo;effective capital expenditure&rsquo; of the Union government would rise as high as Rs 10.68 lakh crore in 2022-23, amounting to 4.1% of GDP.</p><p style="text-align:justify"><em>What is the total capital expenditure in Budget 2022-23?</em></p><p style="text-align:justify">First, it is important to understand that the larger central public sector comprises two big groups &ndash; one, the Union government with its ministries and departments and two, central public sector enterprises and entities.</p><p style="text-align:justify">Central government&rsquo;s capital expenditure (let us call this CGCE) is incurred through a provision in its budget, which includes budgetary support in the form of equity and loans to public sector enterprises (PSEs).</p><p style="text-align:justify">PSEs raise their own capital resources from the market as well. Their own resources are classified as internal and extra-budgetary resources (IEBR).</p><p style="text-align:justify">The CGCE and IEBR together make up the total Union government and public sector capital expenditure (total central capex).</p><p style="text-align:justify">The Union government&rsquo;s loans to the state governments also count as the CGCE, even though actual capital expenditure is made by the state governments. Such loans are not real central government capex.</p><p style="text-align:justify">The total Central government and public sector capital expenditure is disclosed in <a href="/upload/files/Expenditure%20profile%202022-23.pdf" title="/upload/files/Expenditure%20profile%202022-23.pdf">Statement 1 of the Expenditure Profile</a> placed in parliament as part of the budget documents.</p><p style="text-align:justify">Please <a href="https://thewire.in/economy/nirmala-sitharaman-capex-boost-budget-2022" title="https://thewire.in/economy/nirmala-sitharaman-capex-boost-budget-2022">click here</a> to read more.&nbsp;</p>'
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How Nameplate Changes, Sleight of Hand Helped the FM Assemble Budget 2022’s ‘Big Capex Boost’ -Subhash Chandra Garg

-TheWire.in What you lose on the wings, you gain on the roundabouts.  With no other major growth investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government’s growth strategy in Budget 2022. Stressing that “the virtuous cycle of investment requires public investment to crowd-in private investment” she took high moral ground to say that the “public investment must continue to take the lead and pump-prime the private investment and demand in 2022-23”. To walk the talk, the finance minister stepped up the outlay for capital expenditure in the central government budget sharply by 35.4% – from Rs 5.54 lakh crore in 2021-22 to Rs 7.50 lakh crore in 2022-23. She exuded pride in further declaring that the capex outlay in 2022-23 would be as high as 2.9% of GDP and, if the provision made for the creation of capital assets through central grants-in-aid to states is taken into account, the ‘effective capital expenditure’ of the Union government would rise as high as Rs 10.68 lakh crore in 2022-23, amounting to 4.1% of GDP. What is the total capital expenditure in Budget 2022-23? First, it is important to understand that the larger central public sector comprises two big groups – one, the Union government with its ministries and departments and two, central public sector enterprises and entities. Central government’s capital expenditure (let us call this CGCE) is incurred through a provision in its budget, which includes budgetary support in the form of equity and loans to public sector enterprises (PSEs). PSEs raise their own capital resources from the market as well. Their own resources are classified as internal and extra-budgetary resources (IEBR). The CGCE and IEBR together make up the total Union government and public sector capital expenditure (total central capex). The Union government’s loans to the state governments also count as the CGCE, even though actual capital expenditure is made by the state governments. Such loans are not real central government capex. The total Central government and public sector capital expenditure is disclosed in Statement 1 of the Expenditure Profile placed in parliament as part of the budget documents. Please click here to read more.