CII calls for 12% capex increase in upcoming budget
after close1 source ↓written by the desknot a recommendation
- in the Centre's
- 12% increase
- over five years
- ₹150 lakh crore
- year's capex
- ₹10.18 lakh crore
The Confederation of Indian Industry (CII) advocates for a 12% increase in the Centre's capital expenditure for 2026-27, proposing an investment of ₹150 lakh crore over five years through a new National Infrastructure Pipeline (NIP 2.0). This follows a downward revision of the previous year's capex to ₹10.18 lakh crore.
This push for increased funding aims to bolster infrastructure development, potentially impacting sectors reliant on government spending.
Not investment advice. For informational purposes only.