India plans ₹5 lakh crore capex to boost economy
pre-market1 source ↓written by the desknot a recommendation
- increase in public
- ₹5 lakh crore
- allocated
- ₹2.98 lakh crore
The Indian government is set to implement a ₹5 lakh crore increase in public capital expenditure over five years, with ₹2.98 lakh crore allocated for the 2026-27 fiscal year. This strategy aims to stimulate demand and enhance long-term productive capacity amidst global economic uncertainties.
As the Union Budget approaches, this initiative is expected to support economic momentum and may positively influence market sentiment.
Not investment advice. For informational purposes only.