Seven High-Speed Rails and Rare Earth Corridors Headline Transformative Infrastructure
Finance Minister Nirmala Sitharaman announced seven high-speed rail corridors and dedicated rare earth corridors as cornerstone infrastructure initiatives in Union Budget 2026. These projects anchor India’s next growth phase alongside record ₹12.2 lakh crore capex targeting FY 2026–27. Capex Surge to ₹12.2 Lakh Crore Public capital expenditure increases from ₹11.2
Union Budget 2026: Record ₹12.2 Lakh Crore Capex Fuels Infrastructure Momentum
Finance Minister Nirmala Sitharaman proposed a substantial hike in public capital expenditure to ₹12.2 lakh crore for FY 2026-27, up from ₹11.2 lakh crore in BE 2025-26 and a manifold increase from ₹2 lakh crore in 2014-15. This ambitious allocation sustains infrastructure momentum, driving economic growth and job creation nationwide.