Budget 2025: India Misses Capex Target For FY25 By Over 8%

The government clocked a capital expenditure of Rs 10.18 lakh crore in FY25 as against a budgeted Rs 11.11 lakh crore, according to the Union Budget 2025-26.

India's capex spending has aided overall investment growth in recent years, despite limited private investments.

While the focus on capex continues, the government has been increasing the capex target at a slower pace, given the medium-term fiscal consolidation path of the central government.