PM Modi Highlights 5-Fold Capex Increase In NDA Vs UPA At CII Annual Session Post-Budget 2024

During his inaugural speech at the CII Annual Session, Prime Minister Narendra Modi highlighted the significant increase in capital expenditure under the NDA government compared to the UPA era. He emphasized that the capex during the NDA government has surged to over ₹11 lakh crore, a remarkable fivefold increase from the ₹90,000 crore allocated in 2004 when PM Vajpayee's government was succeeded by UPA-I. PM Modi credited this substantial rise to the strategic and forward-looking budgetary measures implemented by his administration, underscoring the government's commitment to infrastructure development and economic growth post-Budget 2024.