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RBI’s Gold Repatriation and Capex Progress Highlight Fiscal Momentum
The Reserve Bank of India repatriated 64 tons of gold in the first half of the fiscal year as part of its ongoing reserve diversification strategy. Meanwhile, central government capital expenditure reached 14.3% of the budgeted ₹11.2 lakh crore, significantly ahead of the 8.9% mark recorded in April 2024. Economists stated that the higher capex rollout reflects an accelerated push toward infrastructure expansion.
The combined developments underscore continued fiscal consolidation efforts and a focus on strengthening India’s macroeconomic resilience.
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RBI’s Gold Repatriation and Capex Progress Highlight Fiscal Momentum
The Reserve Bank of India repatriated 64 tons of gold in the first half of the fiscal year as part of its ongoing reserve diversification strategy. Meanwhile, central government capital expenditure reached 14.3% of the budgeted ₹11.2 lakh crore, significantly ahead of the 8.9% mark recorded in April 2024. Economists stated that the higher capex rollout reflects an accelerated push toward infrastructure expansion.
The combined developments underscore continued fiscal consolidation efforts and a focus on strengthening India’s macroeconomic resilience.
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RBI brought back 64 tons of gold while government capex hit 14.3% of the annual target, signaling strong fiscal and reserve management momentum.
The Reserve Bank of India repatriated 64 tons of gold in the first half of the fiscal year as part of its ongoing reserve diversification strategy. Meanwhile, central government capital expenditure reached 14.3% of the budgeted ₹11.2 lakh crore, significantly ahead of the 8.9% mark recorded in April 2024. Economists stated that the higher capex rollout reflects an accelerated push toward infrastructure expansion.
The combined developments underscore continued fiscal consolidation efforts and a focus on strengthening India’s macroeconomic resilience.
The Reserve Bank of India repatriated 64 tons of gold in the first half of the fiscal year as part of its ongoing reserve diversification strategy. Meanwhile, central government capital expenditure reached 14.3% of the budgeted ₹11.2 lakh crore, significantly ahead of the 8.9% mark recorded in April 2024. Economists stated that the higher capex rollout reflects an accelerated push toward infrastructure expansion.
The combined developments underscore continued fiscal consolidation efforts and a focus on strengthening India’s macroeconomic resilience.
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economy
RBI
gold
capex
india