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13 major states have fiscal space for Rs 7.4 lakh crore capital spending in FY23: Icra

The 13 states, having nearly 85 per cent share in India#39;s GDP in 2020-21, had made a capital expenditure of Rs 4.1 lakh crore last fiscal. Their Budget estimate for capex spending this fiscal is Rs 5.8 lakh crore, the rating agency added.

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