02-May-2026
Economy News
 
Govt plans to stick to budgeted capex, exit non-strategic areas
02-May-2026

The government will stick to its planned capital expenditure in FY27 to sustain growth momentum despite global uncertainties, while aiming to gradually exit non-strategic areas to create more room for the private sector to expand, senior officials said on Friday. The Centre has budgeted FY27 capital spending at Rs 12.22 lakh crore, up nearly 9% from a year earlier. Its capex outlay has risen sharply from Rs 2 lakh crore in FY15.

News Source:- https://economictimes.indiatimes.com/news/economy/finance/govt-to-continue-with-budgeted-capex-despite-fiscal-stress-due-to-global-uncertainties-official/articleshow/130673201.cms
 
 
 

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