New Delhi, Jan. 27 -- Capital expenditure by the central government is expected to cross Rs 12 lakh crore in (Financial Year) FY27, registering a year-on-year growth of around 10 per cent, according to a report by the State Bank of India (SBI).

The SBI report highlighted a steady rise in government-led capital spending over the years, highlighting the continued focus on infrastructure creation and economic growth.

It stated, "Government capex may cross Rs 12 lakh crore in FY27...a YoY growth of approx. 10 per cent."

Data from the report showed that total capital expenditure through the Budget increased sharply from Rs 2.5 lakh crore in FY16 to Rs 11.2 lakh crore in FY26, as per Budget Estimates.

Grants for the creation of capital asse...