Economy

States need to raise capex to 3% of GSDP by FY32 for developed India: Revenue secretary

· 18 September 2026 · 2 min read
States need to raise capex to 3% of GSDP by FY32 for developed India: Revenue secretary

Mint has reported a new India-focused economy development: “States need to raise capex to 3% of GSDP by FY32 for developed India: Revenue secretary.” The publisher's feed describes the story as follows: Revenue Secretary Arvind Shrivastava urged states to boost their capital outlay to 3% of GSDP by 2031-32 to aid India's growth into a developed economy by 2047, emphasizing private investment and better fiscal management. Intellectual Janata Party includes this item for public-affairs discovery

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