New Delhi, Feb. 1 -- The Union government provided yet another boost to central capital expenditure by raising its capex allocation to Rs.12.2 trillion to develop infrastructure projects in the year starting 1 April, building on substantial increases in recent years to spur economic growth.

Mint reported on 1 January that the government's plan is to maintain momentum on central capex support in fiscal year 2027 (FY27), with a likely allocation of Rs.12 trillion.

The government has stepped up its capex budget in recent years to improve India's creaking infrastructure, create jobs and accelerate economic growth. It budgeted Rs.12.2 trillion for infrastructure development in FY27, an increase of 8.83% from the previous year's capex of Rs.1...