Reviving slow economy: Finance ministry to meet heads of CPSEs today for capital expenditure push
First Post September 06, 2019 To revive sagging economy, the finance ministry will hold meeting with heads of central public sector enterprises (CPSEs) on Friday to impress upon them the need to expedite capital expenditure. The government has a capital expenditure plan of Rs 3.3 lakh crore during the current financial year. These include expenditure by the Ministry of Railways and Road Transport. Besides, various CPSEs have earmarked funds for expansion and capacity enhancement. According to official sources, the finance ministry will review the progress made by various CPSEs with regard to their capital expenditure envisaged for the current fiscal. Reviving slow economy: Finance ministry to meet heads of CPSEs today for capital expenditure push File image of Finance Minister Nirmala Sitharaman. Since the investment from the private sector is not forthcoming, the sources said the government and CPSEs are the biggest spenders that play a major rol...