Budget 2022: Share of capital expenditure is the highest in 19 years

The last time such a large segment was allocated was in 2004-05

The government has allocated a greater share of the budget to capital expenditure than has been the case for nearly two decades.

Capital expenditure refers to money that is spent on building assets like roads, buildings or other such assets.  The majority of the budget goes in revenue expenditure which includes money spent on paying salaries and interest payments among others.

This year’s budget has allocated Rs 7.5 trillion to capital expenditure. This is 35.4 per cent higher than the previous year’s figure of Rs 5.5 trillion. It works out to 19.02 per cent of the total expenditure of Rs