Government capex may exceed ₹12 lakh crore in FY27
pre-market1 source ↓written by the desknot a recommendation
- in FY27
- ₹12 lakh crore
- reflecting
- 10% YoY growth
- is anticipated
- 4.2% of GDP
India's government capital expenditure is projected to exceed ₹12 lakh crore in FY27, reflecting a 10% YoY growth. The fiscal deficit is anticipated at 4.2% of GDP. Despite potential sluggishness in tax revenues, GST rationalization is expected to mitigate impacts on the tax base. 📈
Not investment advice. For informational purposes only.