New Delhi

The central government has utilized only 37.28 per cent of the budgeted Effective Capital Expenditure (ECE) in the first half of the financial year 2024-25, according to the data released by the Ministry of Finance. 

The ECE represents the total capital outlay of the government aimed at building capital assets and related expenditures. It is calculated as the sum of Capital Expenditure and grants-in-aid for the creation of capital assets.

It said, "In H1 of FY 2024-25, the Effective Capital Expenditure was Rs 5.60 lakh crore." For the financial year 2024-25, the government had estimated the ECE at Rs 15.02 lakh crore in the Budget. This includes Rs 11.11 lakh crore of Central Capex, Rs 4.15 lakh crore as direct Capital Expenditure and Rs 1.45 lakh crore as grants-in-aid for the creation of capital assets to states. The total government expenditure in H1FY25 is calculated at 21.11 lakh crore.