Highest-ever capex of Rs 12.22 lakh crore in FY27, 4.4% of GDP: Sitharaman

India's capital expenditure is set for a record high. Finance Minister Nirmala Sitharaman announced Rs 12.22 lakh crore for 2026-27. This significant investment represents 4.4 per cent of the nation's GDP. This figure marks a substantial increase from previous years. The government aims for a realistic and responsible fiscal deficit target of 4.3 per cent for FY27.