INSUBCONTINENT EXCLUSIVE:
Financing Minister Nirmala Sitharaman evaluated capex plans of civil aviation and telecom sectorsAiming to increase capital expenditure of
significant infrastructure sectors like civil air travel and telecom, Finance Minister Nirmala Sitharaman on Monday carried out an
evaluation conference with the senior officials of both the ministries.Underlining the need for quick tracking facilities advancement, she
stated that higher capital expenditure in the next couple of months is needed to attain higher financial growth.Capital expenditure of the
very first 2 quarters of the current financial, front loading of expenditure, approximated targets of capital spending by both civil
aviation and telecom ministries and their particular public sector endeavors in the upcoming quarters of 2021-22, were the main issues
talked about throughout the meeting.Ms Sitharaman said that ministries need to pool in their efforts to guarantee greater capital investment
in the next couple of months to attain higher growth in the economy.She required regular monitoring of facilities tasks in addition to the
funds released for them, including that such jobs come under federal government's priority areas.Spending on facilities tasks ought to be
done also by states as well as the private sector, the finance minister stated.
