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The Economic Times

Business / The Economic Times

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Tight fiscal room won't affect infra creation capex: Expenditure secy

The government will maintain its focus on infrastructure development through increased capital expenditure, despite fiscal constraints and global economic uncertainty. Expenditure Secretary V. Vualnam dismissed concerns from states regarding the discontinuation of revenue deficit grants, emphasizing the need for states to manage their own expenditure. The Centre has enhanced funding for state-level capital investment schemes to encourage public investment-led growth.

3 Feb 2026 1:10 am