FM Sitharaman refutes Chidambaram’s charge of Centre cutting capex assistance to states
Finance Minister Nirmala Sitharaman refuted Congress leader P. Chidambarams claim that capital expenditure and state assistance were cut in the 2024-25 budget. She stated capex increased from ₹11.11 lakh crore to ₹11.21 lakh crore, with proportional state assistance. Chidambaram insisted on a ₹1.80 lakh crore reduction, but Sitharaman cited rising allocations over the past five years.
Finance Minister Nirmala Sitharaman refuted Congress leader P. Chidambarams claim that capital expenditure and state assistance were cut in the 2024-25 budget. She stated capex increased from ₹11.11 lakh crore to ₹11.21 lakh crore, with proportional state assistance. Chidambaram insisted on a ₹1.80 lakh crore reduction, but Sitharaman cited rising allocations over the past five years.
