Nirmala Sitharaman asks various ministries to front load capex; explore PPPs for viable projects

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NEW DELHI: Finance minister Nirmala Sitharaman on Friday asked various ministries to try to spend more than their capital expenditure targets as well as explore public private partnerships for viable projects.
During a meeting with senior government officials to discuss the infrastructure roadmap, she also urged the ministries and their CPSEs to ensure clearance of Micro, Small and Medium Enterprises (MSME) dues at the earliest.
This was the fifth review meeting by the finance minister with ministries and departments on the infrastructure roadmap.
Capital expenditure (capex) plans of ministries and their CPSEs (Central Public Sector Enterprises), status of implementation of budget announcements and measures to expedite infrastructure investment were discussed, according to an official release.
“While reviewing the capital expenditure performance of the ministries and their CPSEs,…

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