Page 21 - Policy_Economic_Report_September2020
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Policy and Economic Report:
Oil & Gas Market
Business Confidence
In the second quarter of 2020-21, the business confidence in the country fall to 99.5 points
Source: Reserve Bank of India (RBI)
Government Spending
The Central Government increased its expenditure by 11.3 per cent to Rs.10.5 trillion during April-July
2020 compared to its year-ago level. The fillip was on revenue expenditure which rose by 12.2 per cent to
Rs.9.4 trillion. Capital expenditure, at Rs.1.1 trillion, was only 3.9 per cent higher than its year-ago level.
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September 2020