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India Capital Expenditure Analysis 2003-04

Capital expenditure represents government spending on infrastructure, assets, and long-term investments. Rising capex signals economic growth intent, while declining capex raises concerns about fiscal consolidation at the cost of development.

Capital Expenditure — 2003-04

1.09 lakh crore

Rs 1.09 lakh crore

Previous Year (2002-03)

74,535 crore

Year-over-Year Change

+46.4%

Capital Expenditure — 5-Year Trend

Yeartotal Cap Expenditure
2000-01Rs 47,753 crore
2001-02Rs 60,842 crore
2002-03Rs 74,535 crore
2003-04Rs 1.09 lakh crore

Source: Union Budget Documents, Ministry of Finance. Figures may include BE/RE/Actuals depending on availability.

Budget Snapshot — 2003-04

Total Expenditure

4.71 lakh crore

Total Receipts

4.6 lakh crore

Capital Expenditure

1.09 lakh crore

Tax Revenue

1.87 lakh crore

Fiscal Deficit

4.5% of GDP

Interest Payments

1.24 lakh crore

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