Government to maintain ₹12.22 lakh crore capex plan
pre-market1 source ↓written by the desknot a recommendation
- capital expenditure
- ₹12.22 lakh crore
- in state capex
- 8-10% growth
The government plans to uphold its ₹12.22 lakh crore capital expenditure for FY'27, despite fiscal stress from global uncertainties, according to Expenditure Secretary V Vualnam. Key focus areas include highways, railways, shipping, ports, and urban development. This commitment may support sectors reliant on infrastructure growth, despite challenges ahead.
• Fiscal stress acknowledged due to West Asia crisis
• Priority sectors remain intact for budgeted capex
• Potential for 8-10% growth in state capex
Not investment advice. For informational purposes only.