States' capex utilisation lags prior year in Apr-Aug FY27

States' capital expenditure utilisation in Apr-Aug FY27 fell short of last year's pace. This indicates slower public spending at the state level, potentially impacting infrastructure and economic growth. Only 38% of annual capex budget was utilised, compared to 43% in the same period last year. Weak spending may affect demand in construction and capital goods sectors.

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