Capital Expenditure

The government is committed to the budgeted Rs 12.22 lakh crore capital expenditure in the current fiscal despite the fiscal stress arising from the ongoing West Asia crisis, a senior official said on Friday. Expenditure Secretary V Vualnam said the upcoming few months, the next quarter and the year ahead would be very difficult to envisage with lots of possible stress points. " So the fiscal stress is indeed very much a reality, but at the same time the priority sectors... the CAPEX would really be a priority item which we would like to preserve and ensure that it continues at the budgeted level," Vualnam said at the ICPP Growth Conference organised by the Ashoka University. He said highways, railways, shipping, ports, and urban development sectors would be the focus areas for FY'27 capex. Stating that the current global uncertainties have thrown a "very challenging situation" for India, he said, the government has been proactive in trying to tackle each situation with agility. B

While proposed investments from domestic private investors improved 40.7 per cent to ₹34.06 trillion, foreign investors' plans more than doubled, jumping 144.05 per cent to ₹6.91 trillion

SBI report highlights widening gaps in SASCI fund utilisation across states, with uneven absorption and signs of substitution as the scheme expands in scale and complexity

States' capital expenditure growth is likely to slow down to 8-10 per cent in FY27 from 17 per cent in FY26, a report said on Monday. The moderation will primarily result from tighter fiscal headroom due to rising revenue expenditure commitments and a moderation in revenue growth, Careedge Ratings said. The domestic rating agency warned that the moderation may be accentuated by a geopolitical crisis in West Asia, explaining that the conflict's fallout could hit capital outlays by exerting pressure on both revenues and expenditures through its impact on energy prices. "With fiscal space becoming tighter due to rising revenue expenditure commitments and moderation in revenue growth, state capex growth is expected to moderate to around 8-10 per cent in FY27," the agency said. Its associate director Prasanna Krishnan said the revenue growth for states is expected to remain moderate through FY26 and FY27 on a tapering of grants from the Centre, with external headwinds further weighing o

Twenty-two states spend just over half of their FY26 capex target by February, lagging behind the Centre, while revenue spending and tax collections show steadier progress

Despite a record Rs 3.1 trillion budget, Odisha's spending remains uneven, with subdued capital expenditure and several departments lagging in fund utilisation

States spent only 51.8 per cent of their combined FY26 capital expenditure budget during April-January, trailing the Centre's capex pace, according to CAG data

At a post-Budget webinar, PM Modi calls for a reform partnership charter to formalise collaboration among government, industry, FIs and academia, and urges deeper reforms and investment

Clearer view on manufacturing expected with new GDP series

Lower nominal GDP estimates have nudged up FY26 fiscal deficit and debt ratios, implying a steeper consolidation path even as new NSO GDP data revises sectoral weights

India's state-run oil companies have spent Rs 1.07 lakh crore - 81% of their FY26 capex target - by January, driven by aggressive investments in exploration, production and refinery expansion

Sitharaman said since the FY27 Budget was the first Budget in the second quarter of the 21st Century, there has been some investments which will have bearing on the long term

Uttar Pradesh's ₹9.12 trillion FY27 Budget ramps up infrastructure and capex, keeps the fiscal deficit below 3%, and pitches the state as India's next growth engine

After years of rapid expansion, the Centre's capital spending growth eases as private investment shows early signs of revival

It is useful to remember that the miracle economies to our East, the so-called Asian Tigers, sustained high growth for decades by following prudent fiscal policies

The ever-larger numbers - in total, an estimated 60 per cent increase from a year ago - means yet another acceleration in the wave of data centre construction taking place around the world

Centre must encourage prudent spending by state governments to improve general-government debt levels

The India-US trade deal, had it come a little earlier, would not have made the Union Budget any different, Finance Minister Nirmala Sitharaman said

Operation Sindoor shapes FY27 defence Budget as India lifts spending to 2% of GDP, boosts capital outlay and modernisation to prepare for a potential two-front conflict

The Sixteenth Finance Commission has proposed a consolidation roadmap that balances development needs with fiscal prudence