India Capital Expenditure Analysis 2026-27
Capital expenditure represents government spending on infrastructure, assets, and long-term investments. Rising capex signals economic growth intent, while declining capex raises concerns about fiscal consolidation at the cost of development.
Capital Expenditure — 2026-27
12.22 lakh crore
Rs 12.22 lakh crore
Previous Year (2025-26)
10.97 lakh crore
Year-over-Year Change
+11.4%
Capital Expenditure — 5-Year Trend
| Year | total Cap Expenditure |
|---|---|
| 2022-23 | Rs 8.18 lakh crore |
| 2023-24 | Rs 9.49 lakh crore |
| 2024-25 | Rs 10.68 lakh crore |
| 2025-26 | Rs 10.97 lakh crore |
| 2026-27 | Rs 12.22 lakh crore |
Source: Union Budget Documents, Ministry of Finance. Figures may include BE/RE/Actuals depending on availability.
Budget Snapshot — 2026-27
Total Expenditure
53.47 lakh crore
Total Receipts
53.47 lakh crore
Capital Expenditure
12.22 lakh crore
Tax Revenue
28.67 lakh crore
Fiscal Deficit
4.3% of GDP
Interest Payments
14.04 lakh crore