New Delhi, Feb. 1 -- Union Finance Minister Nirmala Sitharaman on Sunday presented the Union Budget 2026-27 in Parliament, proposing a significant 9 per cent increase in capital expenditure to Rs 12.2 lakh crore.

This substantial allocation is designed to sustain momentum in nationwide infrastructure development while providing a robust cushion for economic growth, up from Rs 11.21 lakh crore in the previous financial year.

The industry has reacted with notable optimism, particularly regarding the scale of public spending. Amisha Vora, Chairperson & Managing Director of PL Capital - Prabhudas Lilladher, highlighted that the 24 per cent rise in government capex is "huge" and noted the strategic importance of the 21 per cent hike in defen...