Home / Business and Economy / India Boosts Infrastructure: Rs 53 Lakh Crore Budget for 2026-27
India Boosts Infrastructure: Rs 53 Lakh Crore Budget for 2026-27
8 Feb
Summary
- Government budgets over Rs 53.47 lakh crore expenditure for 2026-27.
- Capital expenditure to reach Rs 12.22 lakh crore, focusing on infrastructure.
- Shipbuilding, highways, railways, and metro projects are key investment areas.
The Indian government has outlined a substantial total expenditure budget of over Rs 53.47 lakh crore for the fiscal year 2026-27. A significant portion, approximately Rs 12.22 lakh crore, is designated for capital expenditure (capex), which will be invested in developing crucial physical infrastructure across the nation.
These investments will primarily target sectors with ongoing and new large-scale projects. National highways, railways, and urban infrastructure, including metro train projects, are set to dominate public capex spending. Additionally, shipbuilding has been identified as a key infrastructure sector, with ambitious plans to boost India's global share in this area.
The government's focus on shipbuilding aims to reduce reliance on foreign shipping companies and recapture domestic cargo revenue. A Rs 69,725 crore package was approved last September to revitalize this sector. The projected capex for FY27 represents 4.4% of GDP, the highest ever, showing a significant increase from Rs 2 lakh crore in FY 2014-15.
