Budget raises the bet on spending, capex target up by 10.08% to record Rs 11.21 lakh crore for FY26
- Posted on February 1, 2025
- By Business News Today
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Budget raises the bet on spending, capex target up by 10.08% to record Rs 11.21 lakh crore for FY26
Union Budget: Finance Minister Nirmala Sitharaman proposes raising next fiscal year's capital expenditure to Rs. 11.21 lakh crore while cutting this fiscal's target to Rs. 10.18 lakh crore. Despite challenges like election impacts and economic slowdown, the government aims to boost growth and job creation through substantial public spending on infrastructure, hoping to stimulate private sector investment and demand.