New Delhi, Jan. 31 -- The Indian government has spent over Rs 54 lakh crore on capital expenditure in the past 11 years, according to a report by Systematix Institutional Equities.

This includes the budgeted allocation of Rs 11.11 lakh crore for FY25. Despite this massive spending, the report added that the concerns over weak private investment and unemployment persist.

The report also highlighted that Rs 38 lakh crore of the total capital expenditure was allocated after the COVID-19 pandemic. In FY25, capital expenditure will account for 23 per cent of total government spending, reaching levels last seen in FY04. Back then, India experienced one of its strongest nine-year private investment cycles.

However, the current situation is di...