New Delhi, Dec. 15 -- Industry body Confederation of Indian Industry (CII) has proposed a wide-ranging set of reforms for the Union Budget 2026-27, aimed at boosting public, private and foreign investments and sustaining India's position as one of the world's fastest-growing major economies.

Push for Higher Public Capex and Infrastructure Pipeline

The leading industry body has recommended increasing central capital expenditure by 12 per cent and capex support to states by 10 per cent in FY27.

It has also called for launching a Rs 150 lakh crore National Infrastructure Pipeline (NIP) 2.0 for the 2026-32 period to strengthen infrastructure-led growth.

Incentives to Unlock Private and Foreign Investment

CII suggested offering incrementa...