Chhattisgarh has made a distinct identity in the country in the proper utilization of capital expenditure
The Central Government has praised Chhattisgarh for the effective utilization of capital expenditure
Raipur 15 January 2025: The Chhattisgarh Government under the leadership of Chief Minister Vishnu Dev Sai has not only created a distinct identity in the state with its public welfare policies and programs, but has also become entitled to receive appreciation and incentives from the Central Government by ensuring proper utilization of the state budget and the amount received from the Central Government in the public interest. Chief Minister Vishnu Dev Sai says that providing better facilities to the people of the state and taking development to new heights is the priority of the government. Chhattisgarh has made efficient and effective use of the funds allocated under capital expenditure for infrastructure development, which has been appreciated by the Central Government. As a result of the proper utilization of the amount under capital expenditure, the State of Chhattisgarh will soon get an additional allocation of Rs 1874 crore. This amount will be spent for the infrastructure and other important projects of the state.
Capital Expenditure (Capex) means the provision of capital expenditure which is made for the construction of infrastructure, creation of new assets and long-term development in a state or country. It is included in the budget so that government money can be used for the construction and development of infrastructure such as roads, transport, health, education, and industry. Chief Minister Vishnu Dev Sai has said that the aim of the Chhattisgarh government is to strengthen the infrastructure and accelerate the overall development of the state. A provision of Rs 17,000 crore has been made in the capital expenditure (state capex) for the financial year 2024-25. This amount is being spent on roads, bridges, schools, hospitals, industrial projects and irrigation schemes. The additional allocation of Rs 1874 crore to the state from the Center will help in implementing new projects, generating employment and further strengthening the infrastructure of the state.