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Govt vows to stick to Rs 12.22 lakh crore capex despite fiscal stress from global shocks

Economy
Published on 1 May 2026
Govt vows to stick to Rs 12.22 lakh crore capex despite fiscal stress from global shocks

Even West Asia pressure won’t derail spending plans

India’s government says it will keep planned capital expenditure at Rs 12.22 lakh crore this fiscal year, even as fiscal strain rises amid the West Asia crisis. Officials indicate highways, railways, and urban development will remain priority areas, arguing that steady fiscal discipline helps the economy stay resilient through uncertain global conditions.

  • Planned capex of Rs 12.22 lakh crore will be maintained
  • West Asia crisis is adding pressure, but spending stays on track
  • Focus sectors include highways, railways, and urban development
  • Officials cite fiscal prudence as protection against uncertainty
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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