India’s annual budget will focus on accelerating and sustaining strong economic growth, Finance Minister Nirmala Sitharaman said on Sunday, raising infrastructure spending to a record as New Delhi pushes structural reforms in a volatile global environment.
Infrastructure outlays will rise to 12.2 trillion rupees ($133.08 billion) for the 2026–2027 financial year, above the 11.21 trillion rupees budgeted for the current fiscal year, which was previously the highest on record. Ms Sitharaman said the budget prioritises long-term competitiveness, a stronger financial sector and investment in cutting-edge technologies including artificial intelligence.
The spending plan comes as India seeks to
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