Central govt capex may cross ₹12 lakh crore in upcoming budget for FY27, up 10% YoY: SBI report

Capital expenditure by the central government is expected to cross ₹12 lakh crore in (Financial Year) FY27, registering a year-on-year growth of around 10 per cent, according to a report by the State Bank of India (SBI). 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 ₹12 lakh crore in FY27...a YoY growth of approx. 10 per cent." Data from the rep ...