Massive Infrastructure Push for Tier II/III Growth Centres
Finance Minister Nirmala Sitharaman announced transformative infrastructure initiatives in Union Budget 2026, prioritizing future-ready development in Tier II and Tier III cities with populations above 5 lakh. Public capex surges to ₹12.2 lakh crore for FY 2026–27, sustaining momentum from ₹11.2 lakh crore. Financial Innovation for Asset Recycling Dedicated REITs
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.
