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The Economic Times

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Where does the capex focus lie in Union Budget 2026?

Headline capex understates the Union Budgets infrastructure push. Adjusting for equity infusions, state and private spending, and extra-budgetary resources shows effective Centre infrastructure spending rose 18% year-on-year, led by defence, transport, housing, and water, alongside PLI and targeted tax incentives.

7 Feb 2026 11:01 am