Centre’s FY27 capex seen topping Rs 12 lakh crore: SBI
The Economic Times·2026-01-27 04:19
The SBI report highlighted a steady rise in government-led capital spending over the years, highlighting the continued focus on infrastructure creation and economic growth.It stated, "Government capex may cross Rs 12 lakh crore in FY27...a YoY growth of approx. 10 per cent."Data from the report showed that total capital expenditure through the Budget increased sharply from Rs 2.5 lakh crore in FY16 to Rs 11.2 lakh crore in FY26, as per Budget Estimates.Grants for the creation of capital assets have also sh ...