Archive · 8 Aug 2025
CPSEs' Capex Reaches 28% of Target in Early Fiscal Year
Big government-owned companies are investing in projects.
They spent more than a quarter of their planned budget in the first four months, which is a positive sign.
Government spending on projects is also increasing overall.
Key spenders include NTPC, the Railway Board, and the National Highway Authority of India.
This spending aims to boost economic growth and create jobs.
CPSEs' capital expenditure reached over 28% of the target in the first four months of fiscal year 2025-26.
CPSEs spent over ₹2.20 lakh crore against a target of over ₹7.84 lakh crore.
NTPC spent over ₹11,700 crore, NHAI over ₹45,600 crore, and the Railway Board over ₹79,000 crore.
Central government capex grew significantly in the first quarter, reaching 25% of budget allocation.
Department of Telecommunications, Railways, and Road Transport & Highways led spending among Central Ministries/Departments.
- Who
- 60 CPSEs and 4 other organizations, including NTPC, NHAI, and Railway Board.
- What
- Capital expenditure by CPSEs reached over 28% of target.
- When
- During the first four months of fiscal year 2025-26.
- Where
- Data from the Public Enterprises Department.
- Why
- To achieve profitable growth and create growth opportunities.
- Target Capex FY26
- Over ₹7.84 lakh crore
- Capex Achieved (April-July FY26)
- Over ₹2.20 lakh crore
- Percentage of Target
- Over 28%
- NTPC Expenditure
- Over ₹11,700 crore
- NHAI Expenditure
- Over ₹45,600 crore
- Railway Board Expenditure
- Over ₹79,000 crore
- Central Govt. Q1 Capex
- 25% of budget allocation