Govt to conduct private capex survey; results likely by early 2025

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Key Points

In order to assess the investment intents of the private sector in the coming years, the Ministry of Statistics and Programme Implementation is conducting a capex survey..

The first ever such exercise, is understood to be fully online, and the results are also expected to be much faster -- by end of the year or early 2025...

The survey will gauge the intent of private sector companies to undertake capital expenditure in the next two years as well as the spending in the previous three years..

The move to assess private capex plans comes at a time when the government is hoping for a revival in India Inc's investment sentiments that would in turn help support and boost economic growth..

The findings of the survey are expected to help policymakers work out the capex spending plans for the public sector and the government for 2025-26...