Capital Expenditure: Government to maintain capital expenditure despite West Asia crisis –

“Fiscal pressures are already very much a reality, but at the same time…capex will really be a priority item, and we would like to maintain it and ensure it continues at the budget level,” Fawalnam said at a conference organized by the Isaac Center for Public Policy at Ashoka University.Highways, railways, shipping, ports and urban development have been identified as focus areas for capital expenditure during the current fiscal year. The government has allocated a capital budget of Rs 12.2 lakh crore this year.