Union Budget 2026: Big push to ‘future ready’ infra, FM raises capex target to 12.2 lakh crore

Union finance minister Nirmala Sitharaman announced a nearly 9 per cent increase in capital expenditure to Rs 12.2 lakh crore for FY 2026-27, prioritizing infrastructure-led growth. The budget also introduces a risk guarantee fund to boost private participation and outlines initiatives for transport, logistics, and manufacturing to support future economic expansion.