'Government's capex spends set to gather pace'

Expenditure Secretary Manoj Govil anticipates an uptick in capital spending, citing early signs. He discusses upcoming 8th Pay Commission, expected by April, and its fiscal impact starting 2026. He also addresses the unified pension scheme aimed to be operational by April, foreseeing increased financial requirements.

'Government's capex spends set to gather pace'

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Expenditure Secretary Manoj Govil anticipates an uptick in capital spending, citing early signs. He discusses upcoming 8th Pay Commission, expected by April, and its fiscal impact starting 2026. He also addresses the unified pension scheme aimed to be operational by April, foreseeing increased financial requirements.