Tag: TN’s CAPEX rose by 31.7%


TN’s CAPEX rose by 31.7% According to the unaudited provisional figures from the Comptroller and Audito General (CAG), Tamil Nadu’s capital expenditure (capex) increased by nearly 31.7% to ₹17,773.80 crore in the first half of fiscal 2023-24 from ₹13,499.24 crore in the same period last year. Capex is incurred by a State government to create fixed assets such as roads and bridges, irrigation structures, schools, hospitals and investments in Public Sector Undertakings. It helps in improving economic activity and creating jobs.  Third government dental college and hospital Tamil Nadu’s third government dental college and hospital is all set to be inaugurated in Pudukottai on November 15. TN’s first government dental college hospital was established in Chennai and the second — Rajah Muthiah Dental College and Hospital in Chidambaram.