India targets ₹12.2 trillion capex in fiscal 2027
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India's fiscal 2027 Union Budget outlines capital expenditure of ₹12.2 trillion, up from ₹11.2 trillion last year. The deficit target is set at 4.3% of GDP, slightly lower than the previous estimate. To fund this, the government plans gross bond borrowing of ₹17.2 trillion. This increased spending may boost infrastructure sectors and impact market sentiment.
Not investment advice. For informational purposes only.