Tamil Nadu’s capital expenditure increased 31% in Q1, 2023-24
Tamil Nadu's capex up 31% in 1QFY24; quality of borrowings slightly improved. CORE ratio rose to 8% from 6.6% in 1QFY23. 75% of capex went to economic sector, 21.3% to social sector. 56.4% of aggregate capex led by Madhya Pradesh, Andhra Pradesh, Gujarat, Telangana & Uttar Pradesh. 62.5% of borrowings…
The Hindu ·