ENA Economy 2023-02-01 06:13:43 <p><strong>New Delhi, Feb 1 (KNN)</strong> Union Finance Minister Nirmala Sitharaman on Wednesday announced a 33 per cent increase in the capital investment outlay for FY24.</p> <p>The capital investment outlay is increased to Rs 10 lakh crore which is 3.3 per cent of the GDP.</p> <p>She further said that investment in infrastructure has a multiplier effect on job creation and employment.</p> <p>This outlay is three times more than the outlay made in 2019. </p> <p>Capital outlay for railways has been increased to Rs 2.40 lakh crore which is 9 times the outlay made in 2013. <em><strong>(KNN Bureau)</strong></em></p> <p><strong><a href="https://bit.ly/3B9mZSj"><img alt="FOLLOW US on GOOGLE NEWS" src="https://knnindia.co.in//uploads/gallery/GoogleNews.jpg" style="border-style:solid; border-width:1px; height:95px; margin:1px; width:299px" /></a></strong></p> 32136 https://knnindia.co.in/news/newsdetails/economy/union-budget-speech-capital-investment-outlay-increased-to-33-accounts-for-33-of-gdp 2023-02-01 06:13:43 knnindia.co.in